Property and Casualty Insurance Basics (Adjusters) (2019) 0 credits Take this Course Course Content Expand All | Collapse All Lessons Status 1 Insurable Interest and Underwriting Insurable Interest Underwriting Loss Ratio 2 Liability Property & Casualty Insurance Types of Liability 3 Rate Development Rating Class Rating Individual Rating Rating Components 4 Losses and Perils Direct and Indirect Losses Named Peril and Open Peril 5 Loss Valuation and Construction Loss Valuation Loss Valuation Methods Types of Construction 6 Negligence Torts Elements of a Negligent Act Defenses against Negligence Comparative Negligence Contributory Negligence Assumption of Risk Intervening Cause Statute of Limitations 7 Policy Structure Policy Structure Declarations Exclusions Endorsements Definitions Insuring Agreement Supplementary Coverage Conditions 8 Policy Conditions Policy Period Policy Territory Cancellation and Non-Renewal Deductibles Other Insurance Primary and Excess Pro Rata Contribution by Equal Shares 9 Limits of Liability Accident vs. Occurrence Split Limits Combined Single Limit Aggregate Limit 10 Coinsurance Exposure and Limit of Insurance Purpose of Coinsurance Coinsurance Penalty Coinsurance Formula Policies with Coinsurance 11 Blanket and Vacancy Blanket, Specific, and Scheduled Insurance Vacant vs. Unoccupied 12 Named Insured Provisions Insureds Duties After Loss Ownership 13 Insurer Provisions Subrogation Claims Settlement Options Duty to Defend Liberalization 14 Third-Party Provisions Standard Mortgage Clause Rights of the Mortgagee Loss Payable Clause No Benefit to the Bailee
