Description
Examine major commercial property exposures (including leased property), the Commercial Building and Personal Property Coverage
Form, and major modifying endorsements. Determine how terms not defined in the policy, such as building, premises, fixtures,
structures, personal property, vacancy, and permanently installed affect coverage. Discover what triggers coverage under commercial
property versus business income/extra expense coverage forms. Assess how actual cash value (ACV), replacement cost, market
value, and agreed value differ. Causes of Loss forms and endorements will be analyzed.