Auto Insurance in New York Education and Training

Get the training to work for an NY auto insurance company

Auto insurance in New York 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 New York 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:

1. Collision car insurance in New York 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.
2. 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.
   
3. 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 New York auto insurance companies

There are a variety of on-site universities and distance learning classes that teach students the various aspects of New York auto insurance. These courses should be updated frequently to reflect changes in federal and New York insurance law.
Try: Hudson Valley Community College offers an Associate in Applied Science degree with an insurance option for students pursuing an insurance career. Lehman College provides insurance pre-licensing courses that are approved by the New York State Insurance department.

Learn the laws regarding New York state car insurance

Auto insurance brokers and agents in New York will need to be familiar with the state laws about their profession. The required coverage limits on auto insurance vary widely by state.
Try: New York Car Insurance contains extensive information on insurance laws in New York, especially coverage limits. CarInsurance.com provides answers to specific questions on car insurance, such as New York coverage limits.

Obtain the license required by a NY car insurance company

New York has four different types of insurance licenses: a life insurance agent, life insurance broker, property and casualty insurance agent and property and casualty insurance broker. Get licensing information necessary for a career in NY auto insurance.
Try: The New York State Insurance Department provides extensive information on obtaining insurance licenses in New York. ProSchools provides the specific licensing requirements for New York.

 

• Auto insurance professionals in New York 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 NY auto 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.

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