Under Symbol 7, if a named insured has 9 autos with Symbol 7 and acquires a 10th auto, what coverage does the 10th auto receive automatically?

Under Symbol 7, if a named insured has 9 autos with Symbol 7 and acquires a 10th auto, what coverage does the 10th auto receive automatically?

• A. Liability, Collision, and Comprehensive
• B. Liability only
• C. No coverage; must be added manually
• D. All coverages indefinitely

Answer: (B)

Symbol 7 means coverage applies only to autos specifically described on the schedule. When a named insured with Symbol 7 buys a new auto, the policy automatically extends auto liability coverage to that newly acquired vehicle, but it does not automatically extend physical damage coverage (collision and comprehensive). To have collision or comprehensive apply to the new auto, it must be added to the schedule or the policy must be broadened to cover newly acquired autos. So the 10th auto gets liability coverage automatically, but not collision or comprehensive.

Symbol 7 means coverage applies only to autos specifically described on the schedule. When a named insured with Symbol 7 buys a new auto, the policy automatically extends auto liability coverage to that newly acquired vehicle, but it does not automatically extend physical damage coverage (collision and comprehensive). To have collision or comprehensive apply to the new auto, it must be added to the schedule or the policy must be broadened to cover newly acquired autos. So the 10th auto gets liability coverage automatically, but not collision or comprehensive.