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

Introduction
Insuring Commercial Buildings to Value
Policy Definitions of Equipment and Stock
Insuring Business Equipment to Value
Insuring the Value of Improvements to a Commercial Unit
Insuring Business Income to Value
Insuring Stock to Value
Business Liability Limits
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