Broker Essentials Property and Auto Conditions
Home, Commercial and Auto policies have one thing in common. They all have many conditions. These conditions may be required by statute or incorporated by the insurer. This course will review several of these conditions.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Statutory Conditions
Review fire statutory conditions in property insurance, including misrepresentation, material change, proof of loss, fraud, salvage, appraisal, replacement, and notice obligations.
Automobile Policy Conditions
Review SPF #1 general provisions, definitions, exclusions and statutory conditions, including who is insured, newly acquired vehicles, material change, prohibited uses and claim duties.
Commercial Property Conditions
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.
About the course
This course provides brokers with a practical review of policy conditions and coverage requirements across commercial property and automobile insurance. Participants begin with Statutory Conditions, including material change, Proof of Loss, fraud, salvage, appraisal, replacement, and notice requirements. The course then examines automobile policy conditions, including insureds, newly acquired vehicles, material changes, prohibited uses, and post-loss duties. The course concludes with commercial property extensions and conditions, including employee property, theft damage, landscaping, sue and labour, bailee issues, and partial-loss valuation.
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.