Under Symbol 2, if the named insured acquires an additional auto that already has liability, collision, and comprehensive coverage for the remainder of the policy period, what must the insured do?

• A. No reporting required
• B. Report within 30 days
• C. Cancel the old auto
• D. Increase premium immediately

Answer: (A)

Under Symbol 2, the policy provides coverage for owned autos other than those described in the declarations. That means newly acquired autos that the named insured owns are automatically covered to the extent the policy already provides for other owned autos. If the new auto already carries liability, collision, and comprehensive coverage for the rest of the policy period, there’s nothing the insured must do to keep it insured—the coverage applies without reporting.

If the new auto didn’t have those coverages, the insured would need to notify the insurer or adjust the policy to extend coverage.