The Collision Loss: Total or Repair

Overview

The auto physical damage loss can be challenging. There are unique problems when the vehicle is a total loss and others when the insurance company decides to repair the vehicle. A physical damage claim can be a first-party claim where the damages to the vehicle are covered under the owner’s auto insurance. In other cases, it can be a third-party, liability claim. In this course, we will discuss only the loss when it is a first-party claim.

Find this course for your license


License or Certification 

 

Regulator 

 

Type 

 


Learning Objectives

  • Identify coverage available for physical damage claims;
  • Identify issues that can arise with physical damages claims;
  • Identify how physical damage coverage can be found in an insurance policy
  • Identify how rental cars can be covered.


Designed For:

Property and casualty insurance agents, brokers, adjusters, and claims professionals at any level in their career




Course Information

Adding additional credit may change exam requirements.