Course Details
This course is not subject to discount pricing.
  • Course:
  • Internet
  • Exam:
  • Internet

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Commercial Auto, Surety, CIPs, and Miscellaneous Lines

Core Courses >> IRMI Core



Course Description
This course -Commercial Auto, Surety, CIPs, and Miscellaneous Lines-  begins with a description and brief analysis of the typical structure and format of a contractor’s insurance program. It provides an overview of various additional coverage needs of many contractors, including auto liability, professional liability, pollution liability, employment practices liability, directors and officers liability, and fiduciary liability insurance. It also discusses the two coverage triggers occurrence and claims-made with particular emphasis on the latter which is often used with professional liability policies. This includes many scenarios displayed in exhibits that illustrate how the trigger works. In addition, this course provides an overview of two special areas of importance for contractors consolidated insurance programs (CIPs) and surety bonds.  

Learning Objectives
This is an intermediate level self-study course. Students who successfully complete this course will be able to: 

  • Explain and summarize how a contractor’s insurance program is typically organized and structured and contrast this typical structure to alternative methods of organizing the program.
  • Summarize/describe the scope of coverage provided under the standard commercial auto policy and utilize this information to make recommendations for needed coverages for contractors.
  • Comprehend and explain/recommend the need for professional liability coverage, pollution liability coverage, employment practices liability policies, directors and officers liability policy, after evaluating the contractor’s operations and loss exposures.
  • Compare and contrast the two main liability coverage triggers claims-made and occurrence and recommend the appropriate trigger for each applicable policy to the insured contractor.
  • Explain the key components, as well as the pros and cons, of controlled insurance programs to the insured contractor.   
  • Summarize/describe the circumstances in which the insured contractor needs to purchase surety bonds and explain the rationale for this specialized coverage.     

There is no required prerequisite or advance preparation for this course.

CPE Field of Study
Management Services/Risk Management


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International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference services. IRMI publications are considered the ultimate authority by leading insurance practitioners and even federal appellate courts when interpreting insurance coverage. Use the knowledge you gain from IRMI CE courses with confidence, knowing they are written by seasoned insurance professionals who employ diligent quality assurance standards to provide the most up-to-date, practical, and reliable information possible.