Broker Essentials Commercial Claims
In this course we will review the key conditions and coverages reviewed during a commercial claim. We will also review three of the most often contested exclusions in commercial property.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Conditions and Extensions
Review commercial property extensions and conditions, including employee property, building damage by theft, outdoor landscaping, notice to authorities, sue and labour, no benefit to bailee, pair and set, and parts clauses.
Claims Clauses
Review key commercial property claim settlement clauses, including basis of settlement, valuation, replacement cost conditions, co-insurance, stated amount, margin clauses, and subrogation. Built for Canadian P&C broker education.
Key Property Exclusions
Review three key commercial property exclusions: vacancy, unoccupied or shut down locations, flood, and mysterious disappearance. Includes Canadian case law, policy interpretation, and broker file practices.
About the course
This course provides brokers with a practical review of commercial property extensions, claims settlement, and key policy exclusions. Participants begin with commercial property extensions and conditions, including employee property, theft damage, landscaping, sue and labour, bailee issues, and partial-loss valuation. The course then examines claims settlement clauses, including replacement cost, co-insurance, tenant improvements, subrogation, and valuation methods. The course concludes with key commercial property exclusions, including vacancy, flood, mysterious disappearance, overland flood endorsements, and broker documentation practices.
Meet Your Instructor
For more than four decades, Todd Hochban has worked with Canadian insurance brokers, helping them better understand property and casualty insurance through practical, real-world education. As a seasoned educator, industry speaker, and course developer, he has trained thousands of brokers across Canada, translating complex insurance concepts into clear, actionable learning. Every BrokerBytes course is designed with one goal in mind: to provide practical knowledge that brokers can immediately apply in conversations with clients, underwriting submissions, and claims situations. Rather than focusing on theory alone, these lessons emphasize the issues brokers encounter every day. Whether you're new to the industry or building on years of experience, BrokerBytes delivers concise, focused learning designed for today's busy insurance professional.