Garage liability insurance covers the legal liability of franchised and nonfranchised automobile,...
business auto policy (BAP)
A business auto policy (BAP) includes auto liability and auto physical damage coverages; other coverages are available by endorsement.
Additional Information
Except for auto-related businesses and motor carrier or trucking firms, the BAP addresses the needs of most commercial entities as respects auto insurance.
Synonyms
auto bodily injury
Related Terms
The motor carrier policy was introduced by Insurance Services Office, Inc. (ISO), in 1993 to...
