Property & Casualty Insurance Concepts book cover

Property and Casualty
Insurance Concepts Simplified

The Ultimate How to Insurance Guide for Agents, Brokers, Underwriters and Adjusters

Available in Paperback and PDF Add to Cart

Free preview: Read the first three chapters! Download Sample Chapters

An Excellent Resource on Commercial Insurance Products

This book details key property and casualty concepts rarely discussed or found in print; rather they are often left to be "discovered" over time. These important concepts are now written down for all insurance practitioners to easily access.

Examples of the topics and concepts found in this book include rules for reading ANY insurance policy; why losses are excluded; contractual risk transfer; legal liability theories; "COPE" details; and the proper explanation of coinsurance concepts.

Also included is a rather extensive glossary of insurance and insurance-related terms.

What you will gain from reading this book

Special Bonus with your Book Purchase

Included with your book purchase are three flowcharts designed by Chris Boggs:

  1. Calculating Amount Available to Cover a Homeowners' Property Loss
  2. Calculating Amount Available to Cover a Commercial Property Loss
  3. How to Calculate the Amount of Liability Coverage Available

To receive this bonus, just email your receipt to books@insurancejournal.com and we'll send you these three flowcharts.

Free preview: Read the first three chapters! Download Sample Chapters

Order now

Available in Paperback and PDF Add to Cart

Table of Contents

Chapter 1 How to Read an Insurance Policy
Chapter 2 Six Reasons the Loss is Excluded
Chapter 3 Insurance Premiums Are Only a Small Part of the Insured's Total Cost of Risk
Chapter 4 Is Your Client a Risk Taker?
Chapter 5 Understanding the Basics of Contractual Risk Transfer
Chapter 6 Understanding Negligence and Theories of Legal Liability
Chapter 7 Using Coverage and Limits Gaps to Sell
Chapter 8 Understanding Commercial Property Underwriting and 'COPE'
Chapter 9 Understanding Insurance Property Values and Valuations
Chapter 10 How to Explain Coinsurance
Chapter 11 The Differences Between the Application of Coinsurance in Homeowners' And Commercial Property Policies
Chapter 12 How To Calculate The Amount Payable For A Homeowners Property Loss
Chapter 13 How to Calculate Coverage For A Commercial Property Loss
Chapter 14 How to Calculate Liability Loss Payments
Chapter 15 'Occurrence' Vs. 'Claims Made' Liability Coverage Forms
Chapter 16 How to Prepare for and Evaluate the Consent to Settle and the 'Hammer Clause'
Chapter 17 Does 2 + 8 + 9 = 1? Understanding Covered Auto Symbols in the Business Auto Policy
Chapter 18 Understanding the MCS-90
Chapter 19 Understanding Reinsurance
Chapter 20 How to Insure Joint Ventures
Chapter 21 Understanding the Do's and Don'ts of E&O Threats
Glossary of Insurance and Insurance-Related Terms

About the Author

Chris Boggs, author of Property and Casualty Insurance Concepts Simplified

Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS is the Director of the Academy of Insurance at Insurance Journal. Boggs has nearly 20 years of experience in insurance and risk management, a background which includes teaching pre-licensing and insurance continuing education courses and writing on coverage and insurance-related issues. As a veteran insurance professional, Boggs worked as an account executive for several property/casualty agencies and as a senior risk analyst for one of the largest risk management consulting firms in the Southeast.

Chris is former associate editor of MyNewMarkets.com, associate director of education for the Independent Insurance Agents of North Carolina, Inc. and a former loss control and claims specialist for the North Carolina Department of insurance.

Chris Boggs' articles have been featured in International Risk Management Institute's (IRMI's) The Risk Report, The John Liner Review, RIMS' Risk Management Magazine, and the American Public Power Association magazine.

What the Industry is Saying

Did you enjoy this book? We would love your feedback, send us your review!

"This book is an excellent resource on commercial insurance products, and associated topics as it contains essential information, charts, graphs that can be easily accessed and shared with clients."
Peggy M. Jackson, DPA, CPCU
Principal — Peg Jackson & Associates
"Chris Boggs has written a book for insurance professionals loaded with essential information presented in a clear and understandable way. The graphical descriptions of the claim adjusting process alone are worth the cover price, but the book is much more than that."
Tim Dodge, CPCU, ARM, AU
Director of Research and External Communications
Independent Insurance Agents & Brokers of New York, Inc.
"This book simplifies the complex process needed to ensure coverage gaps are filled, policy conditions are clearly understood and losses are correctly adjusted. This book is a must-read for risk managers, agents or those who self- insure."
Nancy Germond, MA, ARM, AIC, ITP
President — Insurance Writer

Send us your review!

Order now

Available in Paperback and PDF Add to Cart

Published by
Insurance Journal

"essential information, charts, graphs that can be easily accessed and shared with clients."
Peggy M. Jackson, DPA, CPCU
Peg Jackson & Associates
"loaded with essential information presented in a clear and understandable way."
Tim Dodge, CPCU, ARM, AU
IIABNY
"a must-read for risk managers, agents or those who self- insure."
Nancy Germond, MA, ARM, AIC, ITP
Insurance Writer

More Books by Chris Boggs

Book about Business Income Coverage
Business Income Insurance Demystified
Don't leave your clients unprotected due to the lack of or improperly designed business income protection
Book about Workers Comp
Practical Guide to Workers' Compensation
Secure new clients by knowing the answers to the many questions that surround workers' compensation.

More Books by Chris Boggs

Business Income Book
Business Income Insurance Demystified
Don't leave your clients unprotected due to the lack of or improperly designed business income protection
Workers Comp Book
Practical Guide to Workers' Compensation
Secure new clients by knowing the answers to the many questions that surround workers' compensation.
About Chris Boggs
With a lineup of designations longer than his full name, Chris Boggs distills more than 20 years of insurance experience in fun and simple approach.