Skip Navigation Links IRMI Online > Glossary of Insurance & Risk Management Terms > Terms > B > business auto policy (BAP)
Warning! You are currently not signed in. Any products you have purchased will not be displayed until you Sign In

business auto policy (BAP)

A commercial auto policy that includes auto liability and auto physical damage coverages; other coverages are available by endorsement. Except for auto-related businesses and motor carrier or trucking firms, the business auto policy (BAP) addresses the needs of most commercial entities as respects auto insurance. See also Casualty insurance; Garage liability insurance; Insurance; Liability insurance; Motor carrier policy.

Links for IRMI Online Subscribers Only: CAI VIII


Social Media