Insuring Recreational Toys (4 Hours)
Participants will examine coverage for a wide variety of recreational vehicles and watercraft. They will learn how much property and liability coverage is provided by an unendorsed ISO Homeowners Policy, an unendorsed ISO Personal Auto Policy, and Personal Umbrella Policy. They will learn about the endorsements to the ISO Homeowners and Personal Auto policies which expand coverage for recreational vehicles, such as: watercraft, snowmobiles, and golf carts. They will discuss coverage provided for owned, rented, and borrowed recreational vehicle.
Personal Lines: Non-Owned Auto Exposures (3 Hours)
Participants will analyze significant coverage issues associated with non-owned autos driven for personal use. They will identify the major types of non-owned autos and the exposures associated with each, including rental vehicles, borrowed vehicles, and vehicles furnished or available for regular use. Named driver coverage available from standard and specialty insurance companies will be discussed, including the potential coverage disadvantages for both the client and vehicle owners.
