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What does the term tool of trade in commercial vehicle policy mean?
Wiki User
∙ 13y ago
The term 'Tool of Trade' in regards to commercial vehicle insurance means the vehicle is needed to ply the trade (transportation of equipment, etc.)
Wiki User
∙ 13y ago
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Can someone explain what in simple English what the ISO Garage - Covered Auto Pollution Exclusion b. and c. mean?
The standard ISO policy forms don't cover the release of any pollutants other than pollutants used to run the vehicle. If you were in a vehicle accident in a commercial vehicle and oil and antifreeze were dispursed, the policy would respond to cleanup. If you had a barrell of antifreeze or a few gallons of oil in the trunk, bed, cargo, etc then the policy would not respond. Pollutants in general are not property covered under the ISO commercial auto or general liability policy forms, so special pollution insurance can be obtained for your company
What does Additionally Insured on a Vehicle Insurance Policy mean?
The person who took out the policy is the main or policyholder. Any persons added to the policy are considered additionally insured.
Why is FTA not happening in Antarctica?
If by FTA you mean the Foreign Trade Association, then it is clear that Antarctica has no commercial enterprises and so, nothing to trade.
WHAT DO YOU MEAN BY NEW ECONOMIC POLICY?
The New Economic Policy of India is an opening of India's commerce to the outside world and an allowing of incoming trade items.
Can your girlfriend be covered on your auto insurance if she is still legally married?
I'm not sure what you mean by covered. She needs to be listed as a driver if she drives any of your vehicles. You cannot add her vehicle to your policy if that is what you mean. No one can add a vehicle to their policy if the vehicle is not titled in their name. The only exception is husband and wife situations. Whether or not you are adulterous makes not difference to the insurance company really.
Can you add a driver to your policy that does not live with you?
Yes. You can add and have an obligation to add anyone who drives your vehicles. This does not mean that you can add their vehicles onto your policy. You cannot insure a vehicle that you do not own.
What does commercial use mean for cars vehicles?
A vehicle used in the operation of a business i.e. van used for carpet cleaning business, vehicle hired to transport people for profit. (taxicab) vehicle used for delivery purpose.
What does principal driver on automobile insurance policy mean?
The principal driver is the person who drives the vehicle over 50% of the time. This is the main driver of the vehicle and the person who will be rated as the driver for computing the cost of the insurance.
Can a Florida class a permit driver go out of state with another cdl driver over the age of 18?
Assuming you mean while operating a commercial vehicle - first, both you yourself and the supervising driver must be at least 21 to be allowed to operate a commercial vehicle across state lines.
What does AEC stand for?
If u mean, AEC as in the well known vehicle manufacturer, it stands for associated equipment company. AEC was a british vehicle manufacturer which built buses and various commercial vehicles from 1912 until 1979.
Do cars off the lot have insurance?
More info needed do you mean for a test drive? If so do you have a vehicle/policy? if so it will transfer to this vehicle you are test driving. If this is not the question please be more specific and I will attempt to help more.
What does the word industry mean?
business, commerce, commercial enterprise, manufacturing, production, trade,
