Homeowners Policy: Key Property and Liability Coverages


Course Description
The purpose of this course is to provide an overview of the homeowners package and the ISO homeowners forms currently in use.  It focuses primarily on the 2011 edition of the Insurance Services Office, Inc. (ISO), homeowners 3 (HO 3) special form, because this is one of the most commonly used forms. Although many insurers use their own homeowners forms, most of these are patterned closely to the ISO forms because the ISO language is court tested, rates are easier to develop, and state approval processes are quickened.

The course includes the following chapters:

  • History and Development of Homeowners Policies
  • The Homeowners Policy Form 
  • Property Coverages
  • Covered Perils
  • Additional Coverages
  • Personal Liability
  • Medical Payments to Others
  • Personal Liability and Medical Payments Exclusions 
  • Personal Liability Exclusions and Medical Payments to Others Exclusions
  • Additional Liability Coverages
  • Liability Conditions

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.
Find Courses Now