Closing the Gap on ITV

Attendees to this seminar will gain the knowledge necessary to better understand the factors that contribute to the reconstruction cost of a dwelling and why the replacement cost of a home can vary so much from market value. Appropriate questioning techniques combined with a clear understanding of information from this presentation will ensure attendees are able to evaluate dwellings accurately and identify ones that may be underinsured. This will enable them to have informed conversations with customers. Topics included in this presentation:

• Market Value/Construction Costs/Replacement Costs/Guaranteed Replacement Cost
• Calculating living area
• Dwelling construction styles
• Exterior finishes/features
• Interior finishes/features
• Foundation construction
• Types of garages and how they impact the replacement cost
• Evaluating custom homes

3.75 hours (General, Adjuster)

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