Commercial auto insurance manual

Created in , the mission of the North Carolina Reinsurance Facility (NCRF) is to ensure that all eligible risks can purchase auto liability insurance, to ensure the right premiums are collected and the correct losses are paid, and to minimize the . Auto Insurance Basics Auto insurance protects against financial loss in the event of an accident. It is a contract between the policyholder and the insurance company. The policyhold-er agrees to pay the premium and the insurance company agrees to pay losses as defined in the policy. Auto insurance provides property, liability and medical coverage. NJ Commercial Insurance Coverage’s not available in NJCAIP will have to be placed elsewhere. If you are having trouble with NJ Commercial insurance call or NJ Insurance Consumer Hotline to the applicant. registered vehicles. Help and rate quote are free and no obligation.

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Commercial Automobile Insurance Manual Section I General Rules Last revision date: 1/1/97 Page: 2 Print date: 4/1/13 3. POLICIES AND COVERAGES (Continued) Risks subject to the compulsory law may be insured under the Massachusetts Motor Vehicle Policy or the approved Business Auto Policy. The NCRF Commercial Auto Manual and Forms are available to Member Companies and can be viewed and printed on-line. Follow the link under Member Services to login to the portal or contact your company's NCRF Group Administrator to be assigned a Login ID. Looking for information on Commercial Lines Manual (CLM)? IRMI offers the most exhaustive resource of definitions and other help to insurance professionals found anywhere. Click to go to the #1 insurance dictionary on the web.