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
Course Materials
Please Read - VOD credit instructions and state specific required forms
(156.9 KB)
Available after Purchase
2022 DOI Statement
(132.3 KB)
Available after Purchase
Valuation Considerations in Commercial Property- Timed Outline
(14.6 KB)
Available after Purchase
Valuation Considerations in Commercial Property- Handout
(3.3 MB)