Owned auto means auto legally registered to the covered party or autos as to which thecovered party acquires ownership after the inception of the memorandum of coverage.
Owned auto means only an Auto the Named Member owns or leases for a period of six months or longer. This includes:
Owned auto means: 3. Losses arising out of a single occurrence shall be
Examples of Owned auto in a sentence
Some members, including Al-Dennis of LRA and Mr. Yarsiah of the Rights and Rice Foundation suggested that the document be further reviewed before the approval while others suggested that it be approved straightaway since everyone in the meeting was involved in the review process.
Owned auto means: (a) any vehicle described in this policy for which a specific premium charge indicates there is coverage; .
When reading the description above concerning "Any Auto" you are covered if the vehicle he is driving is owned, rented, leased or borrowed, as opposed to the Owned auto, where only vehicles he owns is covered.
To fully protect your business, insist that the sub have "Any Auto" or Owned auto coverage and Hired Auto and Non-owned Auto.
More Definitions of Owned auto
Owned auto means: a private passenger, farm or utility auto you ac- quire on the date you become the owner provided:
Owned auto means any vehicle described in this policy for which a specific premium charge indi- cates there is coverage. "Owned auto" does not mean:
Owned auto means an Auto the Member owns or leases for a period of six months or longer and is listed on the Member’s Auto Schedule.
Owned auto means autos legally registered to the covered party or autos as towhich the covered party acquires ownership after the inception of this memo- randum of coverage.
Owned auto means only an Auto the Named Member owns or leases for a period of six months or longer. This includes:
a. Any trailer the Named Member owns while attached to power units the Named Member owns; or
b. Any Auto the Named Member acquires ownership of, or leases for a period of six months or longer, after the Coverage Period begins. Covered Auto does not include an Auto used as a premises.
Owned auto means: a private passenger auto, farm auto or utility auto you acquire on the date you become the owner provided:
Owned auto means an auto used by you or a resident relative with the owner's permission but which is not:
a) owned by you or a resident relative; or
b) available or furnished for the regular use of you or a resident relative. This definition of non-owned auto does not apply to Automobile Liability Insurance–Bodily Injury and Property Damage.