Homeowners Insurance to Value
Understanding of the importance of a home's insurance to value is important when writing homeowners insurance. The participant will learn about the history and present components when calculating insurance values as well as industry challenges.
- Understanding Replacement Cost vs. Market Value
- The History of Insurance to Value
- Earliest methods of estimating
- Current methods of estimating
- Industry pitfalls
- Catastrophes
- Impact on carriers
- Impact on contractors
- High Value Dwelling
- Valuation history
- Changes to valuations
The following will be addressed in this course:
****This course lasts 1 consecutive hour****