Abstract

These caselets deal with automobile liability insurance. Caselet 1 focuses on various underwriting factors considered for checking the insurability of an automobile and the influence of these factors over the cause of loss. Further, the caselet analyzes the rating criteria of insurers. Caselet 2 discusses factors, which dampen the spirits of private insurance companies, and discourage their coming forward to provide insurance coverage for certain models of automobiles.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Understand the factors that affect the underwriting of commercial automobiles. Discuss the pros and cons of the use of various models of cars as taxis in India.

Keywords

Automobile liability insurance, underwriting factors, insurability, automobile, influence, rating, criteria of insurers, factors, dampen, spirits, private insurance companies, insurance coverage, models, automobiles