Condominiums: The Unique Insurance Challenges

Overview

Condominiums, popular since the 1970s and 1980s, are now widespread in various forms like residential complexes, golf communities, and office buildings. They present unique insurance challenges. This course helps readers understand condominium ownership, the relationships among involved parties, and how to protect their interests with property and liability insurance.

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License or Certification 

 

Regulator 

 

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Objectives

  • recognize the distinguishing characteristics of condominium ownership and condominium insurance
  • recognize how a condominium's governing documents define insurance requirements
  • identify the standard coverage forms and endorsements used to insure condominium associations and unit owners
  • recognize the challenges of establishing insurable values and coordinating a condominium insurance program
  • understand the changes that the 2022 ISO Homeowners program brought about for condominium insurance

Designed For:

Property and casualty insurance agents


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.

Course Information

Adding additional credit may change exam requirements.