There are many different ways that commercial property can be valued under the Building and Personal Property Coverage form. While Actual Cash Value and Replacement Cost are the most common, they may not always be the best choice for the insured. This course will examine many of the different ways commercial property values can be determined after a loss including ACV, RC, Functional RC, Manufacturers Selling Price and Market Value. We will also discuss the considerations necessary in determining which valuation method to use. 

SC Course number 6000185296
Type of Course: Property & Casualty 

Basic Course Information

Learning Objectives

• Define and understand the various methods of valuation of commercial buildings and personal property
• How to choose the best valuation method for a particular client
• What property is covered/not covered

Major Subjects

• The various methods of commercial property valuation