Broker Essentials Valuation and Property
Reviewing the details of actual cash value found in property insurance coverages is where we begin. Then we address commercial property and Homeowners Basic Form.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Actual Cash Value
Understand Actual Cash Value in property insurance, why ACV is often undefined, how settlement methods differ, and why brokers must explain replacement cost, bylaw, and underinsurance issues before a claim.
Commercial Core Coverages
Understand commercial property core coverages: building, stock, and equipment, including fixed structures, tenant improvements, bailee property, consignment stock, and leased equipment.
Homeowners Basic Form
Review the Homeowners Basic Form as a named perils policy, including fire, explosion, smoke, water damage, windstorm, theft, vacancy issues, and broker guidance for explaining coverage limits to clients.
About the course
This course provides brokers with a practical review of property coverage, valuation, and coverage limitations across personal and commercial insurance. Participants examine Actual Cash Value, including valuation methods, depreciation, replacement cost, bylaw considerations, and underinsurance. The course explores commercial property classifications, including buildings, stock, equipment, property of others, and tenant improvements. The course concludes with Homeowners Basic Form, including named perils, water damage, vacancy, theft, construction restrictions, and informed client choice.
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.