Insurance Journal's Academy of Insurance

Insurance Journal

You have no items in your shopping cart.

Two ways to register

1. Buy the single session!

2. Become a member

just $39/month

For $39/month you get all of these:
  • FREE access to 40+ live classes over the next year!
  • Unlimited access to 350+ on-demand courses in our library.
  • PLUS exclusive coverage skills tests, Q+A sessions w/instructors, discounts on our conferences and more!

Become a Member

Members

Sign in to access this session and all materials.

RC + ACV = E&O: Why Most Property Insurance Values are Wrong

RC + ACV = E&O: Why Most Property Insurance Values are Wrong

Quick Overview

This session will discuss the problems, pitfalls and potential solutions to a massive yet largely overlooked insurance industry issue.

$129.00

Can't make it Thursday? Register now and we'll send you the recording.

Get access for just $39! Become a member and get access to this course, PLUS our library of 350+ on-demand courses!

Add Items to Cart Add to Cart
Duration 1 hour
Location Online Webinar
Formats On-Demand
Instructor Chris AmrheinChris Amrhein

"Thirty-seven to 60% are wrong by 22% to 60%." No, that is not a description of Las Vegas betting or jury verdicts. Those are percentages quoted in recent studies of property underinsurance. Whatever the accuracy of those numbers, if they are even in the ballpark, they reveal both a major E&O risk and potentially key advantage for agents who can get those numbers right - or at least a lot closer to reality. Whether it be basic errors in determining replacement cost on buildings, overlooked ordinance and law impacts, or simply not keeping up with rapidly shifting price points and makeup of personal property exposures, this session will discuss the problems, pitfalls and potential solutions to a massive yet largely overlooked insurance industry issue.

Attendees will learn:
• Why the numbers are so wrong.
• How to fix the problem and close the E&O hole.

$129.00
Add Items to Cart Add to Cart