ACORD 25 Auto Liability Fields - How to Complete the ACORD 25 Part 5

Continuing to work our way through the information and data in the ACORD 25 Certificate of Liability Insurance form, here is a quick explanation of the Commercial Automobile Liability Coverage.

The explanations I give are intended to help you complete the Certificate of Insurance. They are not court room definitions and do not replace the wording in any policy.

You should put an X or a check mark in the boxes that apply to coverage provided in the policy for which the certificate of insurance is issued.

Any Auto - this includes coverage for owned, non-owned and hired auto. Provides automatic coverage for autos the insured newly acquires. Not to be used for No-Fault, Medical Payments, Uninsured or Under-insured or Physical Damage coverage.

All Owned Autos - applies only to autos owned by the insured., and for liability coverage on any non-owned trailers while attached to powered units the insured owns.

Hired Autos - covers liability for the use of hired automobiles in your business.

Scheduled Autos  - covers liability for vehicles specifically listed on this policy's schedule.

Non-Owned Autos - applies only to autos which are not owned, leased or hired by the insured which are used in connection with the insured business.

Often, if your insured owns no vehicles in the business name, it is wise to provide a policy for Hired and Non-Owned liability coverage for the business.

The last line contains room to add any two other coverage which may be provided. Examples would be uninsured or under-insured motorists coverage or medical payments.

I hope this is helpful. Tomorrow I will discuss limits for commercial automobile liability section of the ACORD 25 Certificate of Liability form.