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Understanding the Importance of Ordinance or Law Coverage

Big "I" Members: $79
Nonmembers: $179

Two (2) CE credits approved in select states (approved states at right).
See below for all session dates and times.

Ord-or-Law-200x200.pngInsurance agents do a bad job of explaining the concept of "replacement cost." We tend to tell clients they will get new stuff for old junk and while that may be partially true, partial truths get you sued.

One roadblock to replacement cost is building codes or what we insurance practitioners refer to as ordinances or laws. Unendorsed policies offer only a VERY limited amount of coverage for the increased costs to rebuild due to these ordinances or laws, and when your insured is forced to pay these additional costs out-of-pocket, they are going to be mad!

Topics covered in this session include:

  • The purpose of ordinance or law coverage;
  • Coverage gaps creating the need for ordinance or law coverage;
  • Sources and enforcement of building codes;
  • When damage is considered “major";
  • Common ordinance or law requirements and coverage limitations;
  • Three commercial property ordinance or law coverage forms;
  • Ordinance or law coverage (CP 04 05);
  • Ordinance or law - increased period of restoration (CP 15 31);
  • How to develop ordinance or law premiums;
  • Ordinance or law example; and
  • A little something extra: ordinance or law for your homeowners' clients.
Your instructor for this webinar is Big ‘I’ Executive Director of Risk Management & Education, Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS.

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2021 WEBINAR DATES START TIME
Thursday
April 22, 202110:00 AM Eastern
TuesdayMay 4, 20219:00 AM Eastern
WednesdayJune 23, 20212:00 PM Eastern
TuesdayJuly 20, 20219:00 AM Eastern
WednesdaySeptember 1, 202110:00 AM Eastern
FridayOctober 8, 202110:00 AM Eastern
WednesdayNovember 3, 20213:00 PM Eastern
TuesdayNovember 16, 20219:00 AM Eastern
FridayDecember 3, 20219:00 AM Eastern
WednesdayDecember 8, 20218:00 AM Eastern
ThursdayDecember 9, 20213:30 PM Eastern

2021-Register-300x75.png 


CE APPROVED STATES
Please check back soon for updates.

ARIZONA
Approval pending

ARKANSAS

Approved for 2 CE credits. Couse 6000082912. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

CALIFORNIA
Approval pending

CONNECTICUT
Approval pending

INDIANA
Approved for 2 CE credits. Course 38875. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

IOWA
Approved for 2 CE credits. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

KANSAS

Approved for 2 CE credits. Course 6000080311. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

MARYLAND
Approved for 2 CE credits. Course number 107665. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

MISSOURI
Approved for 2 P/C credit
s. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

NEBRASKA
Approved for 2 CE credits. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

NEW JERSEY
Approved for 2 NJCE credits. Course ID 88903119. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.


NEW YORK
Approval pending

OKLAHOMA
Approved for 2 CE credits. Course 6000087483. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

OREGON
Approved for 2 CE credits. Course number 6000082158. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

TENNESSEE
Approval pending

UTAH
Approved for 2 CE credits. Course 39963. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

WASHINGTON
Approved for 2 CE credits. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

WEST VIRINIA
Approval pending


WISCONSIN
Approved for 2 CE credits.Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.

WYOMING
Approved for 2 CE credits. Student must be logged in individually (1 seat) the entire session and answer all poll questions. The student receiving CE credit must be the name of the student logging in and attending.
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Alexandria VA 22314
​phone: 800.221.7917
fax: 703.683.7556
email: info@iiaba.net

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