Auto insurance in Virginia education and training will teach you how to evaluate multiple auto insurance policies and recommend the best one to benefit your customer. You may also need to know about the insurance business in general.
The requirements needed to work for car insurance companies in Virginia are determined by the state and also depend on the type of auto insurance coverage being issued. There are three general categories of car insurance coverage:
- Collision car insurance in Virginia covers damage to the car due to a collision with some object. The cause of collision damage is typically another car but may also be a falling rock or branch. If the insured driver is at fault, collision coverage will generally cover the repair cost up to the coverage limit after the deductible has been paid.
- Complete insurance covers damage to the insured driver’s vehicle caused by something other than collision. Non-collision damage typically includes damage due to burglary, fire and corrosive liquids.
- Liability covers damages to other persons or other property that is the fault of the insured driver. It typically includes damage to other vehicles, medical bills of other people and legal expenses.
Complete the courses needed to work for Virginia auto insurance companiesThere are a variety of on-site universities and distance learning classes that teach students the various aspects of Virginia auto insurance rates. These courses should be updated frequently to reflect changes in federal and Virginia insurance law.
Learn the laws regarding automotive insurance in VirginiaAuto insurance brokers and agents in Virginia will need to be familiar with the state laws about their profession. The required coverage limits on auto insurance vary widely by state.
Obtain the license required by Virginia car insurance providersVirginia has seven different types of insurance licenses: life & annuities, health, property and casualty, personal lines, title, life and health consultant, and property and casualty consultant. Get licensing information necessary for a career in VA auto insurance.
Virginia State Corporation Commission Bureau of Insurance offers a chart detailing the licensing requirements for insurance agents in Virginia. Noble Continuing Education provides the state requirements for a Virginia insurance license and information on how to get a license.
- Virginia car insurance providers should set themselves apart by becoming a Chartered Property Casualty Underwriter (CPCU). This designation is respected throughout the insurance industry and identifies the holder as a dedicated and knowledgeable professional. A variety of insurance professionals may become CPCUs such as agents, brokers, claim adjusters and risk managers. Many attorneys, consultants and educators may also hold the CPCU designation.