Home > Glossary

Business Auto Policy

Business Auto Policy (BAP)

Definition

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.

Related Terms

Related Products

Navigation

Social Media

User ID: Subscriber Status:Free