# Issued Policy CA-2026-018442 Compared with Bound Terms

**Expected value** = Quote Option 2 v3 (Sept 22, 2026), as changed by the Carrier Binding Confirmation (Sept 30, 2026).
**Excluded:** the client change request (Sept 26) was not used for any expected value. Quote versions other than v3 were not used.

**Abbreviations**
- **Quote** = commercial-auto-quote-option-2-v3.pdf
- **Binder** = carrier-binding-confirmation-2026-09-30.pdf
- **Policy** = issued-policy-ca-2026-018442.pdf

## 1. Comparison table

| # | Term | Expected value (document, page) | Issued value (page) | Status |
|---|---|---|---|---|
| 1 | Named insured | Harbor Point Grading LLC (Quote p.1; Binder p.1) | Harbor Point Grading LLC (Policy p.1) | MATCH |
| 2 | Policy period | Oct 1, 2026 to Oct 1, 2027, "12:01 a.m. standard time at the named insured's mailing address" (Quote p.1). The Binder p.1 dates are the same and it does not change the time. | Oct 1, 2026 to Oct 1, 2027, "12:01 a.m. standard time at the named insured's mailing address" (Policy p.1) | MATCH |
| 3 | Total annual premium | $25,350, "Revised total annual premium" (Binder p.1; replaces $24,600 in Quote p.1) | $25,350 (Policy p.1) | MATCH (see note A) |
| 4 | Liability | $1,000,000 combined single limit, each accident (Quote p.2) | $1,000,000 combined single limit, each accident (Policy p.2) | MATCH |
| 5 | Hired and nonowned auto liability | "Included, $1,000,000 combined single limit" (Quote p.2) | "$1,000,000 combined single limit, see form BAP-210" (Policy p.2) | MATCH (same limit; the policy refers to the endorsement) |
| 6 | Medical payments | $5,000 each person (Quote p.2) | $5,000 each person (Policy p.2) | MATCH |
| 7 | Comprehensive | Actual cash value, $1,000 deductible per covered auto (Quote p.2). The Binder does not change it: "All other terms are as quoted" (Binder p.1). | Actual cash value, $1,000 deductible per covered auto (Policy p.2) | MATCH |
| 8 | Collision deductible | "Collision deductible: $2,500 per covered auto" (Binder p.1, change 3; replaces $1,000 in Quote p.2) | "Collision: Actual cash value, $1,000 deductible per covered auto" (Policy p.2) | **DIFFERENT** |
| 9 | Collision valuation | Actual cash value (Quote p.2; not changed by Binder) | Actual cash value (Policy p.2) | MATCH |
| 10 | Unit 1 | 2022 heavy-duty pickup, VIN ending 3318 (Binder p.2) | Same (Policy p.3) | MATCH |
| 11 | Unit 2 | 2021 heavy-duty pickup, VIN ending 7702 (Binder p.2) | Same (Policy p.3) | MATCH |
| 12 | Unit 3 | 2020 dump truck, VIN ending 1295 (Binder p.2) | Same (Policy p.3) | MATCH |
| 13 | Unit 4 | "Unit 4, 2018 service van, VIN ending 6640: removed." (Binder p.1, change 1). It is absent from the bound schedule (Binder p.2). | "Unit 4: 2018 service van, VIN ending 6640" is still listed (Policy p.3) | **DIFFERENT** |
| 14 | Unit 5 | 2023 flatbed truck, VIN ending 9057 (Binder p.2) | Same (Policy p.3) | MATCH |
| 15 | Unit 6, description and VIN | "Unit 6: 2026 pickup, VIN ending 4471" (Binder p.1 change 2, and Binder p.2) | "Unit 6: 2026 pickup, VIN ending 4417" (Policy p.3) | **DIFFERENT** (VIN digits transposed) |
| 16 | Unit 6, effective date | "added effective October 1, 2026" (Binder p.1) | No unit-specific date shown; no page found. The policy period starts Oct 1, 2026 (Policy p.1). | NOT FOUND IN PAGES READ |
| 17 | Unit 6, physical damage | "with physical damage coverage as for the other scheduled autos" (Binder p.1) | Physical damage deductibles apply "per covered auto" (Policy p.2). No unit-by-unit physical damage indication appears on the schedule (Policy p.3). | CHECK WORDING |
| 18 | Total scheduled autos | "Total scheduled autos: 5" (Binder p.2) | "Total scheduled autos: 6" (Policy p.3) | **DIFFERENT** |
| 19 | Forms schedule | BAP-100, BAP-210 and BAP-280, all edition 01/26 (Quote p.4). The Binder makes no form changes (Binder p.1, "All other terms are as quoted"). | The same three forms and editions are listed (Policy p.4) | MATCH |

**Note A:** The issued premium matches the Binder figure. However, the issued schedule does not match the bound schedule (rows 13 and 18), and the issued collision deductible does not match the bound deductible (row 8).
- Policy p.7 states: "Changes to scheduled autos may result in a premium adjustment."
- Ask the carrier to confirm that $25,350 remains correct once the corrections are made. I have not assumed whether it would change.

## 2. Expected forms

| Form | Expected source | Issued policy page(s) |
|---|---|---|
| BAP-100 Business Auto Coverage Form, 01/26 | Quote p.4 | Listed in the forms schedule (p.4); form text on p.5 |
| BAP-210 Hired and Nonowned Auto Liability Endorsement, 01/26 | Quote p.4 | Listed in the forms schedule (p.4); form text on p.6; referenced on p.2 |
| BAP-280 Amendment of Cancellation Provisions, 01/26 | Quote p.4 | Listed in the forms schedule (p.4). **The form text was not found in pages read** (searched pp.1–7). |

BAP-280's text not appearing in the 7 pages provided does not mean the form or its provisions are absent from the policy. It may simply not have been included in this PDF.

## 3. Client requests the carrier has not confirmed (not policy errors)

| Client request (Client request p.1) | What the carrier documents say |
|---|---|
| #4: Raise the comprehensive deductible from $1,000 to $2,500 | The Binder lists only the collision deductible change (Binder p.1, change 3). It says "All other terms are as quoted," and the quote shows $1,000 (Quote p.2). Comprehensive at $1,000 is the bound term. |
| #5: Add the general contractor as an additional insured | "Please send a copy of the written contract with the general contractor. Additional insured status is not included in this binding and will be reviewed when the contract is received." (Binder p.1). No additional insured form appears in the issued forms schedule (Policy p.4), which is consistent with the binder. |

Requests #1, #2 and #3 (remove unit 4, add unit 6, raise collision to $2,500) were confirmed in Binder p.1. The quote also states: "Changes requested after this quote are not bound unless the carrier confirms them in writing" (Quote p.4).

## 4. Draft correction request (do not send; draft only)

> **Subject:** Correction request: Policy CA-2026-018442, Harbor Point Grading LLC
>
> Hello,
>
> We've reviewed policy CA-2026-018442 (issued October 7, 2026) against your binding confirmation dated September 30, 2026, which references Commercial Auto Quote Option 2, Version 3 (September 22, 2026). Please review and correct the following:
>
> 1. **Collision deductible**
>    - Your binding confirmation, page 1, change 3: "Collision deductible: $2,500 per covered auto."
>    - The policy, page 2, reads: "Collision: Actual cash value, $1,000 deductible per covered auto."
>    - Please correct this to $2,500 per covered auto.
>
> 2. **Unit 4 still scheduled**
>    - Your binding confirmation, page 1, change 1: "Unit 4, 2018 service van, VIN ending 6640: removed." Unit 4 is not on your bound schedule (page 2).
>    - The policy schedule, page 3, still lists "Unit 4: 2018 service van, VIN ending 6640."
>    - Please remove Unit 4.
>
> 3. **Unit 6 VIN**
>    - Your binding confirmation, pages 1 and 2: "Unit 6: 2026 pickup, VIN ending 4471."
>    - The policy, page 3, reads: "VIN ending 4417."
>    - Please correct the VIN.
>
> 4. **Total scheduled autos**
>    - Your bound schedule, page 2: "Total scheduled autos: 5."
>    - The policy, page 3: "Total scheduled autos: 6."
>    - Please correct this once the items above are fixed.
>
> 5. **Unit 6 effective date and physical damage**
>    - Your binding confirmation, page 1, says Unit 6 is "added effective October 1, 2026, with physical damage coverage as for the other scheduled autos."
>    - We could not find a Unit 6 effective date or a unit-level physical damage indication in the issued policy (pages 2–3).
>    - Please confirm how these are reflected, or issue documentation showing them.
>
> 6. **Form BAP-280**
>    - BAP-280 Amendment of Cancellation Provisions (01/26) is quoted (quote page 4) and listed in the policy forms schedule (policy page 4).
>    - The form text was not in the copy we received.
>    - Please send a copy of the form as issued.
>
> 7. **Premium**
>    - The policy shows $25,350 (page 1), matching your binding confirmation (page 1).
>    - Please confirm that this premium remains correct after the corrections above.
>
> Separately, the additional insured request is still pending your review of the general contractor contract, per your binding confirmation page 1. We will follow up on that separately.
>
> Thank you,
> [Name]

## Pages read

- **Quote:** pp.1–4 (of 4)
- **Client request:** p.1 (of 1)
- **Binder:** pp.1–2 (of 2)
- **Issued policy:** pp.1–7 (of 7)