What type of vehicles does OAP 2 provide coverage for?

The OAP 2, or Ontario Automobile Policy (Standard Automobile Insurance Policy), provides coverage for borrowed vehicles in addition to other situations. The importance of coverage for borrowed vehicles lies in the fact that many individuals may need to use someone else's car occasionally. This could happen when their own vehicle is being repaired or when they are visiting friends or family.

Under the OAP 2, if a policyholder is involved in an accident while borrowing a vehicle, their own insurance policy typically extends to cover that borrowed vehicle. This is especially critical for ensuring that the driver is protected against liability claims or damage incurred while using a vehicle that isn't owned by them.

While it is also true that the OAP 2 applies to owned vehicles, ensuring that drivers are covered when borrowing vehicles is a crucial function of the policy. The other options like rental vehicles, commercial vehicles, or solely owned vehicles do not address the specific protection afforded to individuals when they borrow another person's vehicle, which makes coverage for borrowed vehicles a unique and necessary aspect of the OAP 2.