Which of the following can be classified as a covered auto?

A covered auto refers to vehicles that are specifically included in an insurance policy, which can affect the liability and coverage available in the event of an accident or loss. The correct choice identifies "a newly acquired vehicle or one listed in the policy declarations" as a covered auto.

This is because most insurance policies include provisions that automatically cover any new vehicles that the policyholder acquires, as long as they meet certain conditions, such as being reported to the insurer within a specific time frame. Additionally, vehicles explicitly listed in the policy declarations are recognized as covered autos, ensuring that coverage applies to these vehicles while they are driven or parked.

In contrast, the other options do not qualify as covered autos. A shared vehicle not listed in the policy is not included in the coverage unless specifically mentioned. A rental car insurance deductible refers to the amount the insured must pay before the insurance coverage kicks in, and is not a vehicle itself. Lastly, any vehicle owned by a non-named insured does not qualify as a covered auto, as it is not owned or listed by the insured party, thereby lacking coverage unless specific terms allow for it. Understanding these distinctions is essential for determining what vehicles are protected under an insurance policy.