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. |
|
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 renter’s 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. |
Where applicable, this course may be approved for NFIP Flood
credits.
ClearCert Approved.