What does Business Auto Policy mean? Read on to discover the definition & meaning of the term Business Auto Policy - to help you better understand the language used in insurance policies.
Business Auto Policy
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.
We hope the you have a better understanding of the meaning of Business Auto Policy.