Section 5.20 Auto Business

• Library: Insurance Practice 2015

Auto business is an interesting exclusion. Many policies in use in Missouri define the term “auto business” to mean “the business of selling, repairing, servicing, storing or parking autos.” The policies then go on to exclude from the liability coverages the use of the described auto in the “auto business.” The industry’s theory in doing so is that there is no justification for extending the protection of the policy issued to the owner of the auto to other persons while engaged in the auto business because...