Florida Adjuster Licensing Practice Exam

Question: 1 / 585

Which coverage symbol pertains specifically to rental cars on James' Business Auto Policy?

Symbol 19

Symbol 7

Symbol 9

Symbol 8

The correct answer, which pertains specifically to rental cars on James' Business Auto Policy, is Symbol 8. In the context of Business Auto Policies, coverage symbols are essential in defining what type of vehicle is covered under the commercial auto insurance policy.

Symbol 8 is designated for "hired autos" which includes vehicles that are rented by the insured business. This means that if James rents a vehicle for business purposes, Symbol 8 ensures that the rental car is covered under his policy. This coverage is crucial as it protects against potential liability and physical damage that may occur while using the rented vehicle in the course of business operations.

Understanding the specific coverage symbols and what they encompass is vital for businesses that frequently utilize rental vehicles, as it ensures that they have the appropriate protection in place for all vehicles used in their operations.

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