Auto Insurance Course

Lesson 1 • The Insurance Policy Document

Explains the anatomy of a personal auto policy: declarations, insuring agreement, exclusions, and conditions. Students learn to navigate policy language accurately.

Lesson 2 • Purpose and Role of Auto Insurance

Defines auto insurance as a risk-transfer mechanism protecting against financial loss. Anchors all subsequent coverage discussions in this foundational principle.

Lesson 3 • Key Parties in a Policy

Identifies all parties involved in an auto policy: insurer, named insured, additional insureds, and beneficiaries. Clarifies each party's rights and obligations.

Lesson 4 • Regulatory Framework Overview

Surveys the regulatory environment governing auto insurance, including mandatory minimums and licensing requirements. Connects compliance obligations to daily practice.

Lesson 1 • Bodily Injury Liability Fundamentals

Covers what bodily injury liability pays, who is covered, and triggering conditions. Builds directly on the coverage overview introduced in Chapter 1.

Lesson 2 • Exclusions and Coverage Gaps

Identifies common liability exclusions such as intentional acts, business use, and racing. Prepares students to recognise uncovered exposures and recommend solutions.

Lesson 3 • Umbrella and Excess Liability

Introduces umbrella and excess liability policies as supplements to auto liability limits. Students understand how these layers interact with underlying auto coverage.

Lesson 4 • Liability Limits and Split Structures

Teaches split limits, combined single limits, and per-occurrence caps. Students apply limit structures to claim scenarios to determine maximum insurer exposure.

Lesson 1 • Comprehensive Coverage Scope

Covers losses from theft, weather, fire, vandalism, and animal contact under comprehensive. Students identify which perils fall under comprehensive vs. collision.

Lesson 2 • Special Equipment and Custom Parts

Addresses coverage limitations for aftermarket parts, custom equipment, and electronic accessories. Students identify when endorsements are needed to close coverage gaps.

Lesson 3 • Excesses and Cost Management

Analyses how excess selection affects premiums and out-of-pocket exposure. Students advise clients on excess trade-offs based on vehicle value and risk tolerance.

Lesson 4 • Vehicle Valuation Methods

Explains actual cash value, agreed value, and stated value approaches to vehicle valuation. Students apply each method to determine claim settlement amounts.

Lesson 1 • No-Fault Insurance Systems

Describes how no-fault systems restrict tort rights in exchange for guaranteed first-party benefits. Students compare no-fault and tort-based systems for client counselling.

Lesson 2 • Coordination of Benefits

Teaches rules for coordinating auto medical coverages with health, disability, and workers' compensation. Students prevent duplicate payments and coverage disputes.

Lesson 3 • Personal Injury Protection Fundamentals

Explains PIP benefits including lost wages, rehabilitation, and funeral expenses beyond medical costs. Distinguishes PIP from med pay in scope and mandatory status.

Lesson 4 • Exclusions in Medical Coverages

Identifies exclusions such as intentional self-injury, racing, and non-covered vehicles. Students apply exclusion analysis to determine benefit eligibility in complex cases.

Lesson 1 • UM Property Damage Coverage

Addresses uninsured motorist property damage as a separate coverage with its own excess. Students distinguish UMPD from collision and advise on excess selection.

Lesson 2 • Underinsured Motorist Coverage

Explains UIM as coverage that fills the gap when the at-fault driver's limits are insufficient. Students calculate UIM payment using offset and excess methods.

Lesson 3 • Uninsured Motorist Coverage Basics

Defines uninsured motorist coverage and the scenarios that trigger it, including hit-and-run. Students identify covered persons, vehicles, and required proof of uninsured status.

Lesson 4 • Claims Process for UM and UIM

Walks through the UM and UIM claim process from notice to arbitration or litigation. Students manage timelines, documentation, and insurer consent requirements.

Lesson 1 • Territory and Credit-Based Rating

Explains geographic territory rating and the use of insurance-based credit scores. Students assess how location and credit affect final premium and regulatory constraints.

Lesson 2 • Underwriting Principles for Auto Risk

Introduces risk selection, classification, and acceptability standards used by auto insurers. Students apply underwriting guidelines to determine policy eligibility.

Lesson 3 • Discounts and Surcharges

Catalogues common discounts such as multi-policy, good driver, and safety features, alongside surcharges for violations. Students optimise coverage recommendations using discount stacking.

Lesson 4 • Primary Rating Factors

Covers driver age, gender, marital status, driving record, and vehicle type as primary rating inputs. Students calculate how each factor shifts base premium.

Lesson 1 • Subrogation and Recovery

Covers the insurer's right to recover paid losses from responsible third parties. Students identify subrogation opportunities and manage recovery actions.

Lesson 2 • First Notice of Loss Procedures

Covers the intake process for auto claims including required information and initial coverage verification. Establishes the foundation for all subsequent claims handling steps.

Lesson 3 • Bodily Injury Claim Evaluation

Explains how to evaluate medical records, lost wages, and pain and suffering in BI claims. Students apply liability coverage knowledge to calculate fair settlement ranges.

Lesson 4 • Fair Claims Practices and Compliance

Reviews unfair claims settlement practices regulations and prompt payment requirements. Students apply compliant claims handling to avoid regulatory penalties.

Lesson 1 • Fleet Programmes and Risk Management

Covers fleet underwriting, driver qualification programmes, and loss control for commercial fleets. Students design fleet programmes that reduce frequency and severity of losses.

Lesson 2 • Commercial Auto Policy Structure

Introduces the commercial auto policy form, covered autos symbols, and business liability coverages. Students distinguish commercial from personal auto policy structures.

Lesson 3 • Specialty and Non-Standard Vehicles

Addresses coverage for motorcycles, RVs, classic cars, and rideshare vehicles. Students select appropriate policy forms and endorsements for non-standard auto risks.

Lesson 4 • Transportation Network and Emerging Risks

Examines coverage gaps during rideshare periods and autonomous vehicle liability questions. Students anticipate emerging commercial auto exposures and recommend proactive solutions.