Fire Loss Fundamentals
Fire remains a major cause of losses. In this course we will review the basic fire policy and key exclusions. We will add to this discussion with a comparison between salvage expenses and fire department charges.
One Hour CE Approved
British Columbia Saskatchewan Manitoba
Fire Policy
Review the legislated fire policy and declaration page, including mandatory fire perils, key exclusions, loss payees, mortgagee protections, policy period, premiums, and subject matter.
Key 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.
Salvage v. Fire Department
Review how statutory salvage, fire department charges, and municipal billing interact. This course helps brokers separate property loss, mitigation obligations, and fire service invoices before clients face a claim.
About the course
This course provides brokers with a practical review of commercial property coverage, exclusions, and fire-related claims. Participants examine the statutory fire policy and declaration page, including insured perils, limits, mortgagees, vacancy, and bylaw exposures. The course explores key property exclusions, including vacancy, flood, and mysterious disappearance. The course concludes with salvage obligations and fire department charges, including post-loss mitigation, municipal billing, policy extensions, special limits, and broker documentation.
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.