Short conversational transcript from a YouTube video titled "Simple 1 Insurance: Coverage for Any Auto Explained!" (hosted by Hunter Nelson). The speakers explain that "Symbol 1" (Simple 1) differs from most insurers by providing coverage that applies to "any auto" once reported, including employees driving personal autos for work or quick errands, and that reporting is required—likely on a monthly basis.
You've got symbol.
One, which I'm sure.
Most of you guys don't know what.
It means, but symbol 1 is going to be like the.
Opposite of what 99 of insurance companies are doing where, hey, your truck's on the policy, it's covered. It's not covered until you get confirmation.
From the underwriter that truck's on the policy and you've paid your again, down payment for.
That new truck being added.
So simple one, yes, you still have.
To report your trucks being added, but it covers any auto. So, you know, if you got somebody where there's a claim for an employee.
Driving a personal.
Auto to work or running quick errands, stuff like that, it's going to be covering that. And again, they just want you to report it. But it's probably.
Gonna be monthly reporting.
So it's not like, hey, this second I get confirmation, can't touch this thing until it's driving. You'll be sitting a lot better. So it's any auto, so you're gonna get a lot better stuff there.
