Liability Insurance for the Transportation Industry

Overview

Transportation companies primarily focus on liabilities and insurance for their specific operations (land vehicles, aircraft, watercraft, trains). However, they also face general business-related liabilities, such as premises maintenance, employee activities, advertising, sales, marketing, and online presence. These risks can be managed with general liability insurance, similar to other businesses. This course identifies the risks to which the companies can be exposed and the various forms of liability insurance that can provide protection from liability claims.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Learning Objectives

  • Recognize the relationships between general liability insurance and other transportation-related liability insurance, such as commercial auto, marine liability, or railroad protective liability insurance;
  • Distinguish between the types of losses covered and excluded by a standard commercial general liability (CGL) policy and how to address critical exclusions;
  • Recognize the importance of railroad protective liability, marine liability, and aviation liability coverages as a risk transfer tool; and
  • Recognize the important role of excess and umbrella insurance in protecting transportation companies against large liability losses


Designed For:

Property and casualty insurance agents, risk, safety, and finance professionals


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International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Course Information

Adding additional credit may change exam requirements.

Advanced Preparation: None