Property/Casualty Insurance

Instructor

UIE

Phone

(253) 846-1155

Email

mail@uiece.com

Course Overview

This course is designed for those licensed as property/casualty agents and adjusters.It includes the required information for the National Flood Insurance Program (NFIP) as required by the Federal Emergency Management Agency (FEMA).Since much of the course is dedicated to the NFIP requirement, this course qualifies for the flood continuing education requirement in those states having this requirement.

 

 

Course Schedule

Chapter

Subject

Description

Chapter 1

Insurance

The course covers underwriting risks, moral hazards, the law of probability, and risk types.It then moves on to auto insurance providing the components of a policy.This course covers the elements of the policy, such as the declarations page and insuring agreements.

Chapter 2

Collision

This course is unique in that it also covers new elements in auto insurance, such as the elements that drive up premium costs, such as new drivers, distracting driving, and the most likely to be stolen vehicle types.

 

It covers the elements of insuring a new vehicle as well as insuring classic cars.The course covers RV insurance, motorcycle insurance, mechanical breakdown policies, and pay-as-you-go insurance.Liability coverage is covered in depth.

 

No-fault insurance offered in states with no-fault laws is covered and discusses the need to establish fault in those states that base insurance payment on fault laws.

Chapter 3

Homeowner Insurance

Homeowner insurance is also covered in depth.The course examines property exposures and liability exposures.Replacement cost versus actual cost is explained in a way that allows agents to explain this to their clients.The need to carry 80% of the total replacement value is explained. The basic homeowner forms are discussed with special attention given to Form #4, renters insurance.College student renterís insurance is also included in this course.

Chapter 4

Flood Course Material from FEMA Section I

NFIP Flood is covered.

Chapter 5

Flood Maps and Zone Determinations; Section II

Chapter 6

Policies and Products Available; Section III

Chapter 7

General Rules; Section IV

Chapter 8

Rating: Section V

Chapter 9

Claims Handling Process; Section VI

 

Chapter 10

Requirements of the Flood Insurance Reform Act of 2004: Section VII

 

Chapter 11

Agent Resources; Section VIII

 

Chapter 12

Umbrella Insurance

Negligence laws are discussed: pure comparative negligence; modified comparative negligence; and contributory negligence.Finally, notice of loss and processing a claim is covered in the course.

Additional Information

Where applicable, this course may be approved for NFIP Flood credits.

ClearCert Approved.