Property Foundations : Residential Risk
This three-part program covers residential risk in electrical, solid fuel heating appliances, and waterlines and drains.
Start building your foundations in home insurance with this practical, beginner-friendly course for brokers. You’ll explore key residential risks, including electrical systems, solid fuel heating, and waterlines, and learn what insurance companies look for during underwriting. This three-part course gives you the tools to spot potential issues, understand referral triggers, and support your clients with informed, reliable advice.
Go In-Depth on Residential Risk
Boost your knowledge base on three key aspects of Residential Risk - covering all types of solid fuel appliances, various piping materials found in homes and differences in every type of of electrical wiring.
Residential Risks is a three-part course bundle designed to educate brokers on the fundamental risks associated with residential properties. It provides essential context on what insurance companies typically look for and when underwriting referrals are necessary. This course is ideal for new brokers, as no prior knowledge is required. Participants will be guided through the common nuances found in residential properties, equipping them with the knowledge to effectively assess and manage risks.
Electrical (1-Hour)
Residential electrical hazards, such as electrical fires, pose significant risks to homeowners, making it crucial for personal lines brokers to understand these issues. This module equips brokers with the knowledge to identify these risks and advise their clients.
Waterlines and Drains (1-Hour)
Water damage caused by old and unacceptable piping material is a major concern for insurance companies regarding residential properties. Brokers will learn the differences between various types of piping materials and common insurer underwriting requirements.
Solid Fuel Heating (2-Hour)
Explore the world of solid fuel heating, covering all aspects such as understanding the nature of the risk, the types of fuels that can be used, regulatory and insurer requirements, and the various types of solid fuel appliances.
Facilitated By: Jo Anne Mitchell, Owner-Consultant at Effective Training