Level: Intermediate
Why you need this course:
After completing this course, you´ll be able to prepare a scope of loss for building damage and to evaluate estimates on claims.
Upon successful completion of this course, you should be able to:
- Describe the type of building construction, fire detection and suppression systems, and intruder alarm systems in a given claim situation.
- Identify and describe the parts of the basic building structure.
- Describe the elements of, and correct procedure for, taking a scope.
- Explain how to determine each of the following elements of cost contained in an estimate:
- Materials
- Labor and employer’s burden
- Tools and equipment
- Overhead and profit
- Direct costs
- Explain the labor and materials method of estimating and its application.
- Explain the unit cost method of estimating and its application.
- Describe the advantages and disadvantages of computerized estimating services.
- Explain how estimates are calculated in situations involving the following:
- Demolition
- Debris removal
- Small losses
- Large losses
- Explain two reasons for, and how to negotiate, differences in estimates with a contractor.
- Explain how various insurance policy provisions affect an estimate.
- Given a property damage claim, prepare the basic estimate.
- Create a residential construction estimate for each of the following:
- Concrete and masonry
- Frame carpentry
- Drywall
- Roofing
- Painting and wallpaper
- Siding
- Give examples of causes of damage, and explain the methods of repair and factors affecting repairs for each of the following:
- Concrete and masonry
- Frame carpentry
- Drywall
- Roofing
- Painting and wallpaper
- Siding
- Create a gross area and net area estimate for painting a room.
- Describe the elements of, and damage that can occur to, the following systems:
- Electrical
- Plumbing
- Heating and cooling
Cost: $20 per Professional Development Hour (PDH). Information on Professional Development Hours (PDH) provided can be found here.
Fundamentals of Estimating Topics Include:
- Types of building construction, fire detection and suppression systems, and intruder alarm systems
- Basic building structure
- Preparing a scope
- Elements of cost in an estimate
- Labor and materials estimation method
- Unit cost method of estimation
- Computerized estimating services
- Demolition, debris removal, small loss, and large loss estimates
- Reasons for differences in estimates and how to negotiate with a contractor
- How various insurance policy provisions affect an estimate
- Preparing a basic estimate for a property damage claim
- Residential construction estimates
- Causes of damage to and the methods of repair for concrete and masonry, frame carpentry, drywall, roofing, painting and wallpaper, and siding
- Creating a gross area and net area estimate for painting a room
- Electrical, plumbing, and heating and cooling systems
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.
