Commercial Insurance Glossary Of Terms. This glossary aims to demystify many of the most commonly used commercial insurance terms so that you can better equip yourself when researching and securing insurance for your business. Descriptions of the customary definitions and coverage which may be obtained are listed below.
Descriptions of the customary definitions and coverage which may be obtained are listed below. A general term for an auto policy that is designed for the use of a business rather than a personal vehicle policy. This would help consumers who are involved in the legal process.