C48: Automobile Insurance—Part 2


Please note that the final examination for this course is a computer-based exam.

C48: Automobile Insurance—Part 2 begins where C14: Automobile InsurancePart—1 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.

Course Outline

  • Commercial Automobile Insurance: The Basics
  • Commercial Automobile Underwriting
  • Commercial Automobile Rating
  • The Owner’s Policy: Additional Forms, Endorsements, and Agreements
  • Risk Management: Loss Prevention for Commercial Automobile Fleets
  • 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 professionalism.

Automobile Insurance—Part 2 is for industry professionals, including brokers and agents, underwriters and adjusters, who want a comprehensive p&c education and the skills and knowledge required to advance their careers.