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OVERVIEW AND TOPICS
Insuring Personal Residential Property
This section will provide an understanding of Dwelling Policy and Homeowners Policy eligibility as well as examine the various coverage forms offered so that you may confidently guide your client through selecting the right Personal Residential Program for their property.
The Homeowners Policy Structure and Definitions
Examine the Homeowners Policy (focusing on the ISO Homeowners - 3 Special Form) to form an understanding of the definitions when creating coverage.
Homeowners Policy Section I - Property Coverages
Understand the application of Section I - Property coverages, including basic coverage limits, Perils Insured Against, Exclusions, Conditions, and how to apply the Loss Settlement Condition to a covered loss.
Homeowners Policy Section II - Liability Coverages
Learn to confidently explain and apply Homeowners Liability Coverages (Personal Liability and Medical Payments To Others), exclusions, additional coverages, and conditions.