1. Insurance Terms & Definitions/
  2. Insurance Terms Starting With A

Auto Coverage Symbols

What are Auto Coverage Symbols?

Auto Coverage Symbols may refer to the codes used to indicate the types of coverage included in an auto insurance policy. These symbols are used to identify the types of coverage included in a policy, as well as their limits, deductibles, and other terms and conditions.


Auto Coverage Symbols in More Detail

Auto Coverage Symbol 1 may refer to liability coverage. This type of coverage pays for damages if an insured driver is responsible for an accident. It also pays for medical costs and legal fees incurred by the other driver.

Auto Coverage Symbol 2 may refer to collision coverage. This type of coverage pays for damages to an insured driver’s vehicle if they are involved in an accident. It also pays for repairs to any property damaged in the accident.

Auto Coverage Symbol 3 may refer to comprehensive coverage. This type of coverage pays for damages to an insured driver’s vehicle from events other than accidents, such as theft or natural disasters. It also pays for repairs to any property damaged by the event.

Auto Coverage Symbol 4 may refer to uninsured or underinsured motorist coverage. This type of coverage pays for any damages caused by an uninsured or underinsured motorist. It also pays for medical costs and legal fees incurred by the insured driver.

Auto Coverage Symbol 5 may refer to medical payments coverage. This type of coverage pays for medical costs and other expenses incurred by the insured driver and any passengers in the vehicle in the event of an accident.

In summary, Auto Coverage Symbols are codes used to identify the types of coverage included in an auto insurance policy. These symbols are used to identify the types of coverage, their limits, deductibles, and other terms and conditions.