Homeowners Insurance Valuation

Course Description
Insurance companies, producers, and the insurance-buying public must consider many challenges when determining appropriate limits of insurance for a homeowners or dwelling policy. This course focuses on issues relating to the valuation of residential buildings and structures and discusses the associated policy provisions of dwelling and homeowners insurance. (This course does not deal with the valuation of personal property, nor does it directly address issues relating to loss of use.) It is appropriate for those who have an understanding of dwelling and homeowners insurance.  

The course covers the following:

  • The Importance of Insurance to Value
  • Homeowners Policies versus Dwelling Policies
  • Basic Property Value Concepts
  • Components of a Dwelling’s Replacement Value
  • How Catastrophes Affect Replacement Costs
  • Endorsements to Homeowners and Dwelling Policies
  • Types of Building Construction
  • Methodology of Determining Value
  • Wildfire Mitigation

By IRMI
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference services. IRMI publications are considered the ultimate authority by leading insurance practitioners and even federal appellate courts when interpreting insurance coverage. Use the knowledge you gain from IRMI CE courses with confidence, knowing they are written by seasoned insurance professionals who employ diligent quality assurance standards to provide the most up-to-date, practical, and reliable information possible.