"Symbol 5: Owned Autos Subject To No-Fault"

Symbol 5 is for owned autos that are required to have no-fault benefits in the state where they are licensed or principally garaged, and so its use is limited to signalling no-fault (or personal injury protection) coverage. Autos that the named insured acquires ownership of during the policy period are automatically covered if they too are required to have no-fault benefits.

Note that symbol 5 is not appropriate in states where the named insured has the right to buy no-fault coverages but is not required to do so. In such states, no-fault coverage can be signalled by one of the symbols for owned autos 2, 3, 4, or 7 subject, of course, to whatever limitations the chosen symbol may involve.