Level: Intermediate
Why you need this course:
After completing this course, you’ll have basic knowledge of compensating auto accident victims, no-fault auto insurance, auto insurance for high-risk drivers, and automobile insurance rate regulation—all essential to understanding the complexities of society’s auto insurance needs.
Upon successful completion of this course, you should be able to:
- Identify each of the following approaches to compensating automobile accident victims and the advantages and disadvantages of each:
- Tort liability system
- Financial responsibility laws
- Compulsory insurance laws
- Uninsured motorists coverage
- Underinsured motorists coverage
- No-fault insurance
- Describe no-fault automobile laws in terms of each of the following:
- Types of no-fault laws
- Benefits required by no-fault laws
- Explain how high-risk drivers may obtain auto insurance.
- Describe automobile insurance rate regulation in terms of each of the following:
- Rating factors
- Matching price to exposure
- Competition
- Describe automobile insurance rate regulation in terms of each of the following:
- Rating factors
- Matching price to exposure
- Competition
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.
Auto Insurance—Meeting a Society’s Needs Topics Include:
- Approaches to compensating automobile accident victims and the advantages and disadvantages of each, including:
- Tort liability system
- Financial responsibility laws
- Compulsory insurance laws
- Uninsured motorists coverage
- Underinsured motorists coverage
- No-fault insurance
- No-fault automobile laws in terms of types of no-fault laws and benefits required by no-fault laws
- How high-risk drivers may obtain auto insurance
- Automobile insurance rate regulation in terms of rating factors, matching price to exposure, and competition
- Describe automobile insurance rate regulation in terms of rating factors, matching price to exposure, and competition
Additional Learning Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
