Property Adjusting

Duration: 3 Weeks
Price: $3,595.00
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This course is designed for entry-level and experienced students who must be able to understand and apply ISO™* policy language from the Homeowners, Dwelling and Fire policies as they relate to investigating and handling property claims. The course includes the application of construction estimating concepts to residential building damages. Estimates are generated on the latest versions of available electronic estimating systems. This intensive three-week course is a policy coverage course, a property adjusting course, and a scoping and estimating course.

Strong emphasis is placed on learning the ISO™* Homeowners (HO3) policy. Throughout the course, coverage application and structural estimating are integrated using workshops and claim "scenarios" to challenge the students to apply what they learn.

The student will learn to prepare damage estimates, on their choice of electronic estimating systems, practice reporting and produce Statements of Loss just as they would in the "real world" of property claims adjusting. Arson, fraud, documentation techniques, reporting formats and good faith handling are also emphasized.

Special Feature
Many projects and workshops are assigned to identify and analyze various coverage and loss conditions.

Integration of coverage knowledge with the ability to prepare electronic estimates, Reports and Statements of Loss. 

Upon successful completion the student will have the skills to analyze and apply property coverages, be able to investigate the cause of loss, prepare an electronic estimate, prepare a Report and a Statement of Loss and negotiate and settle property losses.

*Used with permission Insurance Services Office, Inc.