ABEN - Understanding BAP Coverage Symbols and Trailer Coverage

Webcast, Remote  
Friday, April 26, 2024 3:00 PM - 4:00 PM   iCalendar Central Standard Time

1 CE Hour

Member $28  /   Non-member  $40

Instructor: Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS

This session introduces and details the 10 defined BAP coverage symbols and addresses some gaps created when certain symbols, or combination of symbols are used. Beyond the 10 “defined” symbols, the ability to create and use “self-defined” coverage symbols is discussed along with various endorsements that can extend coverage to certain vehicles. 

Participants in this session learn:

  • Why Symbols 2+8+9 do NOT equal Symbol 1
  • The gaps created by underwriter requests
  • Why the “You” of the policy matters in relation to coverage symbols
  • Which endorsements can be used to extend coverage to “unique” autos

Amazingly, trailer coverage is one of the most common topics asked about in the VU’s Ask an Expert (AAE) service. Faculty members have answered just about every trailer-related question at least 10 times. 

  • Which policy responds when?
  • Is it the BAP or PAP that responds? 
  • It’s a non-owned trailer being pulled by an owned auto – which policy….?

Webcast  

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ABEN - Understanding BAP Coverage Symbols and Trailer Coverage
1 CE HourMember $28 / Non-member $40Instructor:Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINSThis session introduces and details the 10 defined BAP coverage symbols and addresses some gaps created when certain symbols, or combination of symbols are used. Beyond the 10 “defined” symbols, the ability to create and use “self-defined” coverage symbols is discussed along with various endorsements that can extend coverage to certain vehicles.Participants in this session learn: Why Symbols 2+8+9 do NOT equal Symbol 1 The gaps created by underwriter requests Why the “You” of the policy matters in relation to coverage symbols Which endorsements can be used to extend coverage to “unique” autosAmazingly, trailer coverage is one of the most common topics asked about in the VU’s Ask an Expert (AAE) service. Faculty members have answered just about every trailer-related question at least 10 times. Which policy responds when? Is it the BAP or PAP that responds? It’s a non-owned trailer being pulled by an owned auto – which policy….?
April 26th, 2024
3:00 PM
April 26th, 2024
4:00 PM
Central Standard Time
Webcast, Remote