IRMI on Homeowners Insurance


The goal of every type of insurance is to protect people and organizations from the adverse financial consequences of certain unpredictable events. It is only the “unpredictable event” being insured against that differs from one type of insurance to another.

The subject of this course is homeowners insurance, the primary insurance product for residential property, including related liability loss exposures. This course provides an introduction to homeowners insurance, focusing on the 2000 edition of coverage forms developed for this line by Insurance Services Office, Inc. (ISO). Although it discusses each of the six homeowners forms, the chief focus is on the Homeowners 3 Special Form (HO 3) since this is the most commonly-used form.

Learning Objectives

Upon completion of this course, students should be able to: 

  • understand basic eligibility requirements of the homeowners policy
  • list the six different homeowners forms and how they differ
  • know the four basic homeowners property coverages, such as the dwelling, other structures, personal property, and loss of use
  • explain policy exclusions including their rationale as well as any applicable exceptions to the exclusions
  • understand the most common ways in which homeowners coverage may be modified by endorsement and the circumstances under which standard endorsements are used

Designed For

P&C producers, adjusters
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 this course for your license:

License or Certification