Since this is National Home Inventory Month, we thought a recap of the course Insurance Knowledge for the Inventory Professional would be timely and prove of great value.

The ultimate goal of an inventory professional is to provide and deliver asset documentation for your clients. Knowledge of insurance is important so you can have a basic discussion of the areas of insurance that relate to home and business inventories. Essential information includes claim scenarios and statistics surrounding recent wildfires, floods, and hurricanes in the United States. You will also be able to help your client locate the area of their homeowner policy requiring them to provide an inventory in the event of a filed claim.

The course is delivered in 3 modules:

Module 1: Insurance Coverages and Terms

  • Disclaimer
  • Choosing An Insurance Agent
  • Homeowner’s Insurance Policy Coverages
  • Special Policy Limits
  • Insurance Terms and Definitions

Module 2: Insurance Claims

  • Statistics
  • Scenarios
  • The Process
  • The Inventory Requirement

Module 3: How to Market to the Insurance Industry

  • When Is The Best Time?
  • Relevant Marketing Strategies

In addition to becoming more informed about basic property insurance concepts and understanding the claims process, this course provides tips to effectively market your inventory services to the insurance industry.