COMMERCIAL AUTOMOBILE COVERAGE’SCommercial Automobile Coverage • February 3rd, 2010
LIABILITY COVERAGE The insuring agreement pays damages for bodily injury or property damage an insured is legally responsible to pay a third party (not insured or employee) because of an accident involving a covered vehicle. The defense costs are in addition to the policy limits.
Commercial Automobile CoveragesCommercial Automobile Coverage • February 20th, 2008
The liability coverage of the commercial auto policy provides protection against legal liability arising out of the ownership, maintenance, or use of any insured automobile. The insuring agreement agrees to pay damages for bodily injury or property damage for which the insured is legally responsible because of an automobile accident resulting from the ownership, maintenance, or use of a covered auto. The insuring agreement also states that in addition to the payment of damages for which the insured is legally liable for, the insurer also agrees to defend the insured for all legal defense cost. The defense cost is in addition to the policy limits.
