What types of Physical Damage coverage are included under the BAP?

The types of Physical Damage coverage included under the Business Auto Policy (BAP) are indeed comprehensive, specified causes of loss, and collision.

Comprehensive coverage protects against loss due to events such as theft, vandalism, fire, and natural disasters, offering a broad range of protection for damage not involving a collision. Specified causes of loss offers coverage for certain risks specified in the policy, such as fire, lightning, explosion, theft, and certain types of damage, providing a more limited but targeted coverage option. Collision coverage, on the other hand, covers damage to the insured vehicle resulting from its collision with another vehicle or object, regardless of fault.

These three coverages—comprehensive, specified causes of loss, and collision—are key components of physical damage protection in the BAP, tailored to shield businesses from the risks associated with the operation of their vehicles. The other options include coverages that do not fall under the physical damage umbrella for the BAP, such as liability and medical payments, which are separate types of coverage addressing different risks.