Under the physical damage section, the business auto coverage form agrees to pay for loss to a covered auto or its equipment under any of three separate insuring agreements—comprehensive coverage, specified causes of loss, and collision coverage., Specified causes of loss coverage is a more limited version of comprehensive coverage. This coverage specifies the risks covered, rather than offering broad, all-risks coverage, and it is also generally less expensive, given the narrower scope of coverage., Comprehensive coverage is the broadest form of auto physical damage coverage, because it provides for losses from any cause except collision and overturn (insured under collision coverage) and a few policy exclusions, such as wear and tear, mechanical breakdown and acts of war., Specified causes of loss coverage is a type of auto physical damage coverage that is an alternative to comprehensive coverage. The coverage applies only for losses caused by the perils listed, as compared to the "all risks" nature of comprehensive coverage. named peril coverage. © 2000–2025 International Risk Management Institute, Inc (IRMI)., Specified causes of loss coverage is a limited type of comprehensive coverage. It covers fire, lightning, explosion, theft, windstorm, hail, earthquake, flood, vandalism or mischief, and sinking, burning, collision, or derailment of a conveyance transporting the covered auto., The reason someone told you OTC coverage is a named-peril coverage is likely because the ISO policy lists causes of loss under collision in order to specifically note that they are not classified as collision losses, but rather OTC losses..