C48: Automobile Insurance—Part 2
Please note that the final examination for this course is a
*This course is not available
for the July examination session.
Insurance—Part 2 begins where C14:
ends. The course concentrates on commercial automobile insurance.
You will briefly review the relationship between personal and commercial
automobile insurance. You will study the nature of commercial risks and how
they are underwritten, both individually and in fleets; commercial automobile
rating; risk management for commercial vehicles, especially those in fleets; garage risks—how
they are identified, what makes them unique, why they need special coverage—and their
underwriting and rating.
In Automobile Insurance—Part 2, you will also
examine various commercial coverages, including the Garage Policy, the Non-owned
Policy, the Lessor's Contingent Policy, the Excess Automobile Policy and various
endorsements to the Owner's Policy.
• Commercial automobile insurance: the basics
• Commercial automobile underwriting
• Commercial automobile
• The Owner's Policy: additional forms, endorsements and
• Risk management: loss prevention for commercial automobile
• The Non-owned Automobile Policy
• Garage risks: the
need for the Garage Automobile Policy
• The Garage Automobile Policy
• The Lessor's Contingent Automobile Policy
• The Excess Automobile Policy
Who Should Register
All insurance courses offered
by The Insurance Institute are designed for individuals who want to attain a highly
recognized and respected professional designation in the p&c industry. The
professional designation Chartered Insurance Professional (CIP) is recognized
across Canada and elsewhere around the world as the benchmark of insurance
Automobile Insurance—Part 2 is for industry
brokers and agents
and adjusters, who want a comprehensive p&c education and the skills and
knowledge required to advance their careers.
In-Class and Virtual Learning