How to Get Started Writing Condos - ON DEMAND - NO CE
Length: 1 Hour
Key Information Needed to Write Condos What you learn in this segment is that regardless who the customer is, the HOA or the unit owner, the same information is required. The agent needs:
7 Key Condo Definitions You Must Understand. To properly place coverage for either the HOA or the unit owner, the agent must be able to define seven key terms – 4 real property definitions and 3 key “responsibility” terms. The agent must be able to define and understand:
Who Insures Which Condo Property. Once the owner understands who is responsible for which real property (as defined), all that is left is designing the insurance program for either the HOA or the unit owner. If the HOA isn’t responsible for insuring it, the unit owner is.
Christopher J. Boggs, CPCU, ARM, ALCM, LPCS, AAI, APA, CWCA, CRIS, AINS, joined the insurance industry in 1990. He is the Executive Director of the Independent Insurance Agents and Brokers of America (Big "I") Virtual University. His current duties involve researching, writing, and teaching property and casualty insurance coverages and concepts to Big "I" members and others in the insurance industry.
During his career, Boggs has authored more than 300 insurance and risk management-related articles on a wide range of topics as diverse as Credit Default Swaps, the MCS-90, and enterprise risk management. In addition to this, Boggs has written 13 insurance and risk management books:
Boggs is a regular speaker at industry events, speaking for groups such as the National Association of Mutual Insurance Companies (NAMIC), the National Society of Insurance Premium Auditors (NSIPA), the American Association of Managing General Agents (AAMGA), the Institute of Work Comp Professionals (IWCP), and the CPCU Society.
A graduate of Liberty University with a bachelor's degree in Journalism, Boggs' background includes work as a risk management consultant, loss control representative, producer, claims manager, and quality assurance specialist