OVERVIEW AND TOPICS


Participants will take an in-depth look at methods of writing property coverage. They will learn how an insured’s property is valued under most property insurance contracts. They will be able to explain market value, actual cash value, replacement cost, functional valuation, etc. They will review the Value Reporting Form and discuss the importance of reporting the values accurately and timely. They will compare the differences between schedule versus blanket coverage. They will learn about the latest changes to the ISO Commercial Property forms.
Errors and Omissions occur regularly and some of these lead to claims against agents, brokers, agencies, and companies. In this session, participants will examine the various parties that may be involved and their legal and ethical responsibilities. They will understand the potential exposures, how to minimize the exposures, and what to do if a claim is made against them.
Participants will analyze significant coverage issues associated with home-based businesses. They will be able to identify general and unique exposures to loss, types of in-home businesses, risk management considerations, and methods of insuring exposures. They will review the protection provided in the latest edition of commercial and personal lines policies including Homeowners, Personal Automobile, Personal Umbrella, and Businessowners programs.

COURSE DETAILS


DURATION
7 Hours

PRICE
Contact for Details

FORMAT
Classroom

CE CREDIT
Varies by State

INSTRUCTION LEVEL
Intermediate

FINAL EXAM
No Exam

EVENT LOCATION


Indiana Wesleyan University

3777 Priority Way South Dr
Indianapolis, IN
46240



FACULTY BIO


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