Question

The BAP uses Symbol 7 to cover "specifically described autos" identified in the declarations. An auto acquired during the policy period will only be covered:

Answer 1

The BAP covers 'specifically described autos' under Symbol 7, and coverage for new vehicles acquired during the policy period is provided if certain conditions are met.

Step-by-step explanation:

The question pertains to the Business Auto Policy (BAP) and how Symbol 7 covers "specifically described autos". When a policy lists Symbol 7 for covered autos, it means that only the vehicles explicitly listed in the policy declarations are covered. However, coverage for an auto acquired during the policy period will be provided if it meets certain criteria set forth within the policy, such as notifying the insurer within a specified period, it replaces a covered auto, or if it is an additional auto and the insurer insures all autos owned by the insured.