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This HyperArticle™ is appropriate for all Commercial Lines brokers.
It appeared in BC Broker magazine in April 2022.

Overview

This HyperArticle™ reveals the prevalence of underinsured commercial properties and the potential liability for insurance brokers. You’ll learn that while you’re not expected to be a valuation expert, you must consistently advise clients to obtain professional reconstruction-cost estimates and document these discussions. The article also provides effective strategies for explaining the importance of adequate limits, the impact of co-insurance, and bylaw considerations to clients focused on price.

When you’re ready, please go to the first content section…

Course Content

The Prevalence of Underinsurance
The Broker’s Responsibility in Insuring to Value
Broker Best Practices for Insurance to Value
Promoting Insurance to Value, Part 1: Commercial Buildings
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