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By: HaroldJoh (7 month(s) ago)

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By: kanya (45 month(s) ago)

This ppt is very good. Can you please share it with me to conduct training programmes? Rgds Kanya email - kanya.c@tcs.com

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Introduction to the University of Texas System Auto Insurance Program: 

Introduction to the University of Texas System Auto Insurance Program Office of Risk Management Elsa C. Sanchez, CIC, CRM

Purpose: 

Purpose To train UT Auto Contacts on basic auto insurance terminology. To make UT Auto Contacts aware of the different type of auto policies available. To train UT Auto Contacts to accurately classify vehicles.

Auto Insurance Terms: 

Auto Insurance Terms Auto Liability: Provides protection for damages because of bodily injury or property damage to others. Physical Damage Coverage: Provides for loss/damage to a covered auto. Most common physical damage coverage is Collision and Comprehensive coverage. Subject to policy conditions and exclusions.

Auto Insurance Terms: 

Auto Insurance Terms Collision coverage includes collision with another object; or the covered autos overturn. Comprehensive coverage includes loss from any other cause other than collision. Specified Causes of Loss includes loss caused by: Fire, lightning or explosion Theft Windstorm, hail or earthquake Flood Mischief, or vandalism

Auto Insurance Terms: 

Auto Insurance Terms Personal Injury Protection provides for: Necessary expenses for medical and funeral services. 80% of an insured’s loss of income from employment. Provides coverage for you, family member, or anyone else occupying a covered auto with your permission.

Auto Insurance Terms: 

Auto Insurance Terms Uninsured/Underinsured Motorists Insurance coverage: Pays for damages which we are legally entitled to recover from an uninsured motor vehicle (other party) because of bodily injury sustained by an insured (us) or property damage (to our vehicle or property) caused by an accident.

5 Types of Auto Policies: 

5 Types of Auto Policies Systemwide Auto Liability Policy Hired/Nonowned Auto Policy Physical Damage Policy “Athletics” Auto Policy “Full Coverage” Policy Note: This training is a summary only, please refer to the policy language for complete description of conditions and exclusions.

Systemwide Auto Liability: 

Systemwide Auto Liability Liability coverage only – 3rd parties Provides coverage for all University-owned vehicles covered (includes long term leases) with the exception of “Full Coverage” vehicles. Combined Single Limit $600,000 Bodily injury and Property Damage CSL Deductible - $2,500 per accident

Hired/Nonowned Auto Policy: 

Hired/Nonowned Auto Policy Hired Autos include leased, hired, rented or borrowed vehicles (except from employees). Nonowned Autos include autos by employees while driving personal vehicles for business purposes. Designed to be Excess of other insurance Hired - Provides liability and physical damage coverage (secondary) Non-owned - Provides liability coverage only for non-owned autos (secondary)

Hired/Nonowned Auto…..: 

Hired/Nonowned Auto….. Liability Limits – Hired/Nonowned Autos Combined Single Limit $600,000 Bodily injury and Property Damage Deductible - $2,500 per accident Physical Damage – Hired Autos Only Comprehensive coverage – no deductible Collision - $500 deductible Maximum limit of $75,000

Physical Damage Policy: 

Physical Damage Policy Comprehensive and Collision Coverage on scheduled vehicles, except for motorcycles. $100 Comprehensive Deductible $500 Collision Deductible Specified Causes of Loss and Collision Coverage on scheduled motorcycles. $25.00 Vandalism and Malicious Mischief Deductible $500 Collision Deductible Provides for repair costs or actual cash value due to a covered loss, whichever is less.

“Athletics” Policy: 

“Athletics” Policy Provides coverage for all loaned, courtesy, and promotional vehicles to UT for business and personal use. Primarily used by Athletics Department employees and their spouses. Vehicles must be scheduled. Coverages provided are Liability limits Personal Injury Protection ($2,500 per insured) Uninsured/Underinsured Motorist Physical Damage

“Full Coverage” Auto Policy: 

“Full Coverage” Auto Policy Formerly known as the “Personal Use or “Police” Auto Policy. Provides coverage for University-owned vehicles for employees who are assigned a scheduled vehicle for business and personal use. Primarily used by Police Department employees. May be used to transport non-employees. Coverages provided are Liability Personal Injury Protection ($2,500 per insured) Uninsured/Underinsured Motorist Physical Damage

Purpose of Auto Classification: 

Purpose of Auto Classification This training is designed to provide a simple and uniform system for classifying UT owned/leased vehicles. Accuracy is necessary as the auto insurance premiums are rated based on the classification schedules. Example: Incorrectly classifying a passenger van as a bus results in a higher premium.

What are rating classification factors?: 

What are rating classification factors? There are certain factors to consider when classifying vehicles. Radius of vehicle (trucks & trailers) Types of vehicle Weight size (trucks and truck tractors, trailers) Passenger Capacity (Buses) Garaging Territory

Radius of Vehicle: 

Radius of Vehicle Trucks and Trailers are subject to radius classification. Radius is based on the regular and normal use of a vehicle. Four types of radius: Campus use only: not used off campus Local Radius: up to 50 miles radius Intermediate: 51 to 200 miles radius Long Distance: over 200 miles

Types of Vehicle: 

Types of Vehicle Private Passenger Trucks Trailers Motorcycles Buses Special Vehicles Fire Trucks, Ambulances, Law Enforcement, Motor Homes, Golf Carts, MULES, Others

Private Passenger Auto (PPA): 

Private Passenger Auto (PPA) A PPA is a four wheel motor vehicle other than a truck type. This includes station wagons. It does NOT include utility vehicles. It does NOT include vans.

Examples of PPA’s: 

Examples of PPA’s Two door hatchback Four door sedan Stationwagon

Trucks: 

Trucks Trucks includes pickup trucks, vans, utility vehicles, cargo trucks, and delivery trucks. A van is considered a truck regardless whether it is a passenger van or a cargo van. A passenger van is NOT a bus. Utility vehicles mean Jeeps, Blazers, Explorers, Suburbans and other similar vehicles. Trucks include licensed Multi-Utility Lightweight vehicles (MULES). Exceptions: Do not include Special Vehicles and Unlicensed MULES.

Size of Trucks: 

Size of Trucks Trucks are also classified according to weight size. Two weight terms to be familiar with: Gross Vehicle Weight (GVW) is the maximum loaded weight of a single vehicle. Gross Combination Weight (GCW) is the maximum loaded weight for a combination of a truck-tractor and trailer.

Truck Size Classes: 

Truck Size Classes Light Trucks have a GVW of 10,000 pounds or less. Medium Trucks have a GVW of 10,001 to 20,000 pounds. Heavy Trucks have a GVW of 20,001 pounds to 45,000 pounds. Extra heavy Trucks have a GVW over 45,000 pounds.

Truck Tractor Size Classes: 

Truck Tractor Size Classes Heavy Truck Tractors have a GCW of 45,000 pounds or less. Extra Heavy Truck Tractors have a GCW over 45,000 pounds. Please notify the ORM before adding any Extra Heavy Truck Tractors to the database as we need to obtain the insurance carrier’s approval for auto coverage.

Examples of Light Trucks GVW of 10,000 lbs. or less: 

Examples of Light Trucks GVW of 10,000 lbs. or less Kawasaki MULE Express 1500 Work Van Dodge Ram PU Chevrolet Suburban

Examples of Medium Size Trucks GVW of 10,001 to 20,000 lbs.: 

Examples of Medium Size Trucks GVW of 10,001 to 20,000 lbs.

Examples of Heavy and Extra-Heavy Trucks : 

Examples of Heavy and Extra-Heavy Trucks

Examples of Truck Tractors : 

Examples of Truck Tractors

Trailers: 

Trailers Trailers are vehicles that are not self propelled and are designed to be pulled by a private passenger auto or a truck. This does NOT include mobile homes and recreational trailers. There is NO liability premium charge for trailers.

4 Classes of Trailers: 

4 Classes of Trailers Service or utility trailers Semi-trailers Trailers Trailers with Special Equipment

Service or Utility Trailer: 

Service or Utility Trailer A service or utility trailer is any trailer or semi-trailer with a load capacity of 2,000 pounds or less.

Semi-trailers: 

Semi-trailers A semi-trailer is a trailer with wheels at rear only, equipped with fifth wheel couple device for use with a truck-tractor, with load capacity over 2,000 pounds.

Trailers: 

Trailers All other types of trailers, including tilt bed trailers with a load capacity over 2,000 pounds, other than a semi-trailer.

Trailers with Special Equipment : 

Trailers with Special Equipment These trailers are not self-propelled and are maintained primarily to provide mobility to permanently attached equipment of the following types: Air compressors, pumps and generators Spraying and welding equipment Cherry pickers and similar devices Operations of the equipment is not covered under the Auto Liability Policy.

Trailers with Special Equipment: 

Trailers with Special Equipment

Motorcycles/Scooters: 

Motorcycles/Scooters There are two classifications for motocycles or scooters: Motorcycles/scooters other than Law Enforcement Law Enforcement Motorcycles or Scooters

Buses: 

Buses Buses include school buses, shuttle buses, blood mobile buses, etc. Buses do NOT include passenger vans. Four classes by passenger capacity: 1 to 8 passenger 9-20 passengers 21-60 passengers Over 60 passenger

Special Vehicle Classifications: 

Special Vehicle Classifications Fire Trucks – self explanatory Ambulances – self explanatory Motor Homes – self explanatory Law Enforcement Golf Carts and MULES Riding Lawn Mowers Special Mobile Equipment or Multipurpose Vehicles

Law Enforcement Vehicles: 

Law Enforcement Vehicles There are three classes of Law Enforcement Vehicles. Law Enforcement – Private Passenger Auto Law Enforcement – Trucks/SUV/Vans Law Enforcement – Motorcycles or Scooters

Golf Carts : 

Golf Carts Two classes of Golf Carts Unlicensed Golf Carts Campus use only, not allowed on public roads. Includes unlicensed MULES. There is NO liability premium charge at this time. Licensed Golf Carts

Riding Lawn Mowers: 

Riding Lawn Mowers Campus use only Small yard/lawn mower type Does NOT include Tractors There is NO liability premium charge at this time.

Special Mobile Equipment or Multipurpose Equipment: 

Special Mobile Equipment or Multipurpose Equipment This classification includes self-propelled equipment included but not limited to: Street Sweepers Cherry Pickers Motor Graders Tractor-mowers Forklifts

Garage Territory: 

Garage Territory The garage territory is the principal city where the vehicle is garaged. Do not confuse the main campus location or department with the garaging territory. Example: UT Austin has vehicles garaged at Austin, Port Aransas, Midland. UTMDA has vehicles garaged at Houston, Bastrop, Smithville.

Commercial Driver License (CDL): 

Commercial Driver License (CDL) Reminder for truck and special vehicle drivers: A CDL is required of authorized drivers who operate commercial motor vehicles (CMVs) for official University business. In accordance with the US Department of Transportation's Federal Motor Carrier Safety Regulations, 49 CFR Parts 40 and 382, employers shall test drivers holding a CDL for drugs and alcohol. The regulations call for pre-employment, post accident, reasonable suspicion, random, return-to-duty, and follow-up drug and alcohol testing. Component institutions with authorized drivers who are required to hold a CDL shall adopt a drug and alcohol-testing program that meets the regulatory requirements.

Helpful tips: 

Helpful tips Business Procedures Memorandum 16-05-02: Automobile Insurance Coverage for Officers and Employees and General Requirements for the Use of Vehicles, go to: http://www.utsystem.edu/BPM/16.htm For Weight Sizes, check the title or registration of the truck/trailer or go the manufacturers web site.

ORM Contacts: 

ORM Contacts Tracy Seiler, Manager of Risk Finance 512-499-4401 (ph), 512-499-4524 (fax) tseiler@utsystem.edu Elsa Sanchez, Risk and Insurance Analyst 512-499-4298 (ph), 512-499-4524 (fax) esanchez@utsystem.edu Eric Agnew, Insurance Specialist 512-499-4305 (ph), 512-499-4524 (fax) eagnew@utsystem.edu