Business Auto Policy - Five Key Issues - 2 CE
Course #Pending
Fire & Casualty
Course Description:
This class begins with a discussion regarding the proper selection of Symbols to trigger coverage for the proper entity and vehicles. The class will then look at the endorsements available to change or modify those coverages and/or Symbols. The next portion of the class reviews the Business Auto Policy in-depth from a technical standpoint as well as all applicable endorsements, including proper response for rented, hired and borrowed vehicles; the “insured contract” provision; Additional Insured - Lessor; Uninsured Motorists and Medical Payments coverages.
By the end of this session, the attendee should be able to:
- Know the type of information required to correctly underwrite the risk.
- Identify the proper type of coverage for the specific insured
- Determine the risk exposures and the particular endorsement(s) available to provide coverage response
- Be able to determine if the insured has the correct Symbols in place for the correct coverage.