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Managing Real Estate Risks with Insurance

Managing Real Estate Risks with Insurance


Course Credit Hrs.
Managing Real Estate Risks with Insurance 3.00
​3 Elective Hours
The proper use of property insurance can help your clients reduce their risks.
  • Learn how the most common insurance policies can cover losses to real estate and personal belongings. You’ll learn how claims should be documented, when gap coverage is needed, and special needs to consider when property is rented. Choosing the proper amount of coverage is also discussed.
    You’ll also discover how insurance can help you manage risks arising from using your vehicle and home for business, and to cover liability when you pay a personal assistant. 

    3 Elective Hours
  • This course will help real estate licensees acquire knowledge about the principles of managing real estate risks with various insurance products, and identify situations in which they should consult a licensed insurance expert, and when they should advise their clients to consult such experts.  The subject matter expert and insurance advisor for this course is Jack Hungelmann (author of the book, Insurance for Dummies, published by 

    Section 1 - The Basics of Homeowner Coverage
    Chapter 1 - Six Coverage Sections of a Homeowner’s Policy
    Chapter 2 - The Three Causes-of-Loss Options
    Chapter 3 - The Six Most Common Homeowners Policy Types
    Chapter 4 - How to Establish Property Coverage Limits
    Chapter 5 - Documenting the Claim
    Chapter 6 - Excluded Ground Water Risk Strategies

    Section 2 - Special Risks of Condominium and Townhouse Owners
    Chapter 1 - Gap Coverage and When It Is Needed
    Chapter 2 - Protect Your Clients from Association Loss Assessments
    Chapter 3 - Patching Co-Ownership and Rental Coverage Gaps
    Section 2 Activities

    Section 3 - Helping Your Clients Manage the Risk of a Household Move
    Chapter 1 - Selling One House While Building Another
    Chapter 2 - When Your Clients Move Themselves
    Chapter 3 - The Sale and Rent-Back Agreement

    Section 4 - Analyzing the Risks of Doing Business from Home
    Chapter 1 - Identify the Risks of a Home Business
    Chapter 2 - Insurance for Your Home Business

    Section 5 - Using Your Car for Business
    Chapter 1 - Automobile Risks and Coverages
    Chapter 2 - Deductible Psychology
    Chapter 3 - Insuring Rental Cars
  • Subject Matter Expert:
    Jack Hungelmann

    Jack Hungelmann, CPCU, CIC, ARe, has over 35 years experience as an insurance agent working with hundreds of clients. He is the author of Insurance for Dummies (Wiley Publishing 2001), which is a consumer guide to insurance principles. He has also authored scores of magazine and website articles on Personal Risk Management and Insurance for insurance professionals. You may review a PDF of his entire Bio.

    Most of the concepts in Jack’s courses, as well as his advice on every other type of personal insurance policy, can be found in his book, Insurance for Dummies.

    Instructor: Jim Luger

    Jim Luger has been a broker and instructor for over 30 years. He is a member of the Real Estate Educators Association, and is certified as an online instructor by the International Distance Education Certification Center (IDECC). You can contact Jim at


Continuing Ed Express will submit your Alabama real estate continuing education course completions to the Alabama Real Estate Commission. Per 790-X-1.12 (6) of the Alabama Rules and Regulations.

"A licensee shall not earn more than nine (9) hours of continuing education credit in any one day." Per 790-X-1.12 (3) of the Alabama Rules and Regulations.

Visit the Alabama Real Estate Commission website for more information about continuing education requirements.

School Code: 94050

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