Level: Intermediate
Why you need this course:
After completing this course, you’ll have a solid understanding of Fair Access to Insurance Requirements (FAIR plans), beachfront and windstorm plans, flood, and dwelling and mobile home coverages.
Upon successful completion of this course, you should be able to:
- Contrast the DP-3 policy with the HO-3 policy in regards to each of the following:
- Types of property covered
- Other coverages
- Perils insured against exclusions and conditions
- Coverage for liability and theft losses
- Given a case describing a dwelling claim, determine whether the DP-3 policy would cover the claim, and if so, the amount the insurer would pay for the claim.
- Explain how the coverages under an HO-3 policy are modified by the Mobilehome Endorsement (MH 04 01) and other ISO endorsements unique to mobilehome coverage.
- Describe the operation of the National Flood Insurance Program and the coverage it provides.
- Describe the operation of FAIR plans and beachfront and windstorm plans and the coverage they provide.
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.
Dwelling, Mobilehome, Flood and Windstorm Insurance Topics Include:
- Difference between the DP-3 policy and the HO-3 policy in regards to each of the following:
- Types of property covered
- Other coverages
- Perils insured against exclusions and conditions
- Coverage for liability and theft losses
- Determine whether the DP-3 policy would cover a specific dwelling claim, and if so, the amount the insurer would pay for the claim
- How the coverages under an HO-3 policy are modified by the Mobilehome Endorsement (MH 04 01) and other ISO endorsements unique to mobilehome coverage
- The National Flood Insurance Program and the coverage it provides
- FAIR plans and beachfront and windstorm plans and the coverage they provide
Additional Learning Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
