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Understanding the Importance of Ordinance or Law Coverage
While classroom courses are currently unavailable, Big I NJ still offers tailored in-house classes for your agency. Additionally, you can earn CE credits by attending ABEN or select CEP webinars. My Agency Campus continues to support your agency's employee onboarding, training, and advancement. Please feel free to contact us at any time with questions. Please be advised that our calendar does not support Interent Explorer and you will not be able to register using this browser. For the best browser experience, we recommend you use Google Chrome, Mozilla Firefox or Safari. Understanding the Importance of Ordinance or Law CoverageTuesday, May 4, 2021DescriptionInsurance 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!
Approved for 2 NJ CE Credits
Pricing
Members: $79
IIABA
Tuesday, May 4, 2021
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Webinars IIABA Webinars
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