Level: Intermediate
Why you need this course:
After completing this course, you’ll be able to understand and question estimates prepared by auto appraisers or heavy-equipment appraisers.
Upon successful completion of this course, you should be able to:
- Describe the different types of auto physical damage coverages in the Personal Auto Policy.
- Explain how an auto physical damage claim is handled.
- Identify vehicle frame types.
- Identify structural components.
- Properly use auto repair terminology.
- Identify common estimating errors.
- Describe the investigation of an auto theft claim.
- Describe the loss adjustment process for a total loss of an auto.
- Describe the different types of contractors equipment and their uses.
- Explain the causes of loss, the exclusions, and the coverage extensions commonly found in contractors equipment policies.
- Explain the valuation of a total loss claim for a piece of contractors equipment and the valuation for a business income loss that may also result.
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Auto Physical Damage and Contractors Equipment Topics Include:
- Different types of auto physical damage coverages in the Personal Auto Policy
- How an auto physical damage claim is handled, including identifying vehicle frames, structural components, repair terminology, common estimating errors, investigation of an auto theft claim, and the loss adjustment process for a total loss of an auto
- Different types of contractors equipment and their uses
- Causes of loss, exclusions, and coverage extensions commonly found in contractors equipment policies
- Valuation of a total loss claim for a piece of contractors equipment and the valuation of a business income loss that may also result
Additional Course Resource
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: AICPCU/IIA
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.
