Course Overview
Understanding Basement Coverage reviews key characteristics of basement buildings and discusses covered and non-covered building and personal property items located in basement buildings. The final section concludes with Special Adjustment Issues.
Course Objectives:
At the end of this course, you will be able to:
- Identify characteristics of a basement
- Distinguish between covered and non-covered building and personal property items in basements
- Identify special adjusting issues related to a basement claim
- Explain coverage limitations associated with basements and document accordingly
Primary Audience
Flood Claims Adjusters employed by a claims adjusting company, insurance companies that write NFIP flood insurance (WYO), or contracted to work through other adjusting companies, salvors, engineers, architects, building code officials, floodplain managers, local officials and the general public
Prerequisites
Recommended Prerequisites
IS-1104, IS-1107, IS-1112