Choose the statement that is false regarding the Business Auto Coverage Form.

The statement that Uninsured Motorist Coverage is included in Section II of the Business Auto Coverage Form is false. In reality, Uninsured Motorist Coverage is not automatically part of the Business Auto Coverage Form; it must be specifically purchased and included in the policy if desired. This is a critical distinction, as businesses need to ensure that they have the right coverage to protect against accidents involving uninsured or underinsured motorists.

The other statements correctly describe aspects of the Business Auto Coverage Form. Liability coverage can extend to vehicles that the business hires, leases, or borrows, beyond just those owned by the business. Additionally, the coverage can indeed apply to newly acquired autos, ensuring that businesses are protected when they add vehicles to their fleet. Finally, it's important to note that the coverage provided is not limited to owned vehicles; rather, it can encompass a range of vehicles associated with the business operations. Understanding these nuances helps businesses correctly assess their auto insurance needs.