NY Commercial Auto Policy Quick Reference

Coverages:	Definitions:	Businesses Need It When:
Combined Single Limit Liability	One combined Limit that provides comprehensive protection against bodily injury and/or property damage liability	Split limits (per person/per occurrence) may not provide sufficient liability protection.
Non-owned Auto	Provides liability coverage for vehicles you do not own when they are used by others in your business like employees	An employee makes a delivery using their own personal vehicle. The office manager makes a company bank deposit on the way home using his or her own vehicle The owner asks an employee to pick up lunch using their own personal vehicle.
Hired Auto	Provides liability coverage for those vehicles you rent, hire or borrow	They rent a van during a peak season to handle extra deliveries. The owner hires a friend to haul materials in his pick-up The owner borrows a neighbor's truck to move office equipment.
Loading & Unloading	Provides liability protection for bodily injury or property damage resulting from the loading onto or unloading from a covered auto	They unload goods around expensive furniture or fixtures. They load and unload items in heavily congested locations. They can't always use docks to load and unload items.
Additional Insured	Provides liability protection for other entities you may work for or lease vehicles from	They contract with local, state or the federal government. They work with general contractors on a regular basis. They bid on jobs that require "Additional Insured" coverage.
CB Coverage	Provides coverage for permanently installed communication equipment	Their trucks have permanently installed mobil phones or radios. The owner's corporately titled car has a permanently installed cellular phone.
Rental Reimbursement	Provides reimbursement for the cost of leasing a replacement vehicle based on your business needs and time period.	Their main delivery truck is damaged in an accident during a peak season and is disabled for a week. They need to have higher rental reimbursement amounts.
Drive Other Car	Provides coverage to the Insured and specified individuals in a business for vehicles rented, hired or borrowed for personal use.	The owner's personal vehicle is corporately titled and he or she needs to rent a car while on vacation. The owner's personal vehicle is corporately titled and he or she borrows a friend's car to run a personal errand.

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Non-owned auto scenario:

It's been a busy morning. The phone has been ringing
off the hook with orders. You ask the office manager to
stop by the bank on the way to lunch. On her way,
another driver cuts in front of her and she collides with
him, injuring the driver and his passenger. They sue
both your manager and your company.

Loading & Unloading scenario:

The sofa is big and heavy and you need to carry it up
the steps and into the customer's home. As you are
going through the front entrance, you run into the glass
entry door and crack it.

Additional insured / combined single limit scenario

Your contracting business is small, but you have been
asked to bid on a large project. This would be the job
that establishes you as a quality artisan. The General
contractor requires one million dollars, combined
single limit liability including auto, and be named as
additional insured on your policy.