Course

Course Summary
Credit Type:
Course
ACE ID:
AICP-0129
Organization's ID:
AIC 31
Location:
Classroom-based
Length:
11 weeks (44 -- 66 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 3 Risk Management or Insurance
This course is part of a sequence of courses for which students must successfully complete the requirements of all segments in order to receive credit recommendations. Successful completion of coursework includes enrollment in and successful passing of a final credentialing exam.
Description

Objective:

The course objective is to enable students to understand how the property claim process works.

Learning Outcomes:

  • Process claims more efficiently with a proven process for determining cause of loss
  • Apply technical knowledge of the property claims process
  • Effectively apply property claim principles to their everyday work
  • Make better property claim decisions by understanding how to determine coverage and the value of a claim
  • Confidently handle property claims

General Topics:

  • Property insurance basics
  • Property insurance: valuation, limits, and conditions
  • Loss adjustment process
  • Loss investigation
  • Good-faith investigation and coverage defenses
  • Fraud investigations
  • Fundamentals of estimating
  • Fundamentals of residential construction
  • Merchandise losses
  • Business income losses
  • Specialty losses
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Practical Exercises

Methods of Assessment:

  • Examinations

Minimum Passing Score:

70%
Supplemental Materials