Commercial Auto Insurance: Understanding the Coverages

Overview

The proliferation of autos, along with the loss statistics arising from their wide­spread use, have focused attention on the responsibilities and liabilities of owners. Coverage for these liabilities is provided by the commercial auto policy. This course introduces commercial auto insurance, focusing on the standard coverage forms as well as key motor vehicle statutes and the effect of these statutes on various types of commercial auto coverages.

Learning Objectives

Upon completion, students will be able to:

  • understand the effect of motor vehicle statutes that deal with the economic consequences of motor vehicle accidents
  • compare the purposes and identify similarities and differences among the various commercial auto insurance policies
  • identify the parties insured by the various policies
  • select appropriate coverage symbols for each of the coverages in the various commercial auto insurance policies

Designed For

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

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.
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