Determining appropriate insurance limits for homeowners or dwelling policies can be challenging for insurance companies, agents, and buyers. This course, approved for California’s three-hour training requirement for agents handling homeowners’ insurance, focuses on residential building issues as specified in the California Department of Insurance Homeowners Insurance Valuation Course Curriculum. It excludes personal property valuation and loss of use, assuming prior knowledge of dwelling and homeowners insurance. It covers only relevant policy provisions.

• differentiate between a homeowners policy and a dwelling property policy
• estimate the value of an insured’s property by having basic knowledge of its value
• know the valuation principles and methods
  
• recognize other factors influencing the replacement cost
• have knowledge of endorsements used in relation to the insuring of replacement costs of a homeowners/dwelling policy
• understand the process used in determining the value of an insured’s property