Which policy is a broad form of business insurance excluding automobiles?

Which policy is a broad form of business insurance excluding automobiles?

• A. Comprehensive General Liability
• B. Comprehensive Policy
• C. Property Insurance
• D. Hold-Harmless Agreement

Answer: (A)

The broad form business insurance that excludes automobiles is the Comprehensive General Liability policy. It provides wide protection for the kinds of claims a business might face from its daily operations—bodily injury or property damage arising on premises or from activities, plus coverage for products and completed operations, and for personal and advertising injury. Auto liability is not included in a standard CGL policy, which is why automobiles are excluded and require a separate auto policy. Property Insurance, on the other hand, covers physical assets rather than liability, and a Hold-Harmless Agreement is a contractual indemnity clause, not an insurance policy. So the Comprehensive General Liability policy best fits the description.

The broad form business insurance that excludes automobiles is the Comprehensive General Liability policy. It provides wide protection for the kinds of claims a business might face from its daily operations—bodily injury or property damage arising on premises or from activities, plus coverage for products and completed operations, and for personal and advertising injury. Auto liability is not included in a standard CGL policy, which is why automobiles are excluded and require a separate auto policy. Property Insurance, on the other hand, covers physical assets rather than liability, and a Hold-Harmless Agreement is a contractual indemnity clause, not an insurance policy. So the Comprehensive General Liability policy best fits the description.