Property Insurance and Builders Risk Considerations When Going Green

Purchase this archived webinar for the introductory price of only $39! The archived version is an exact replay of the live webinar and is available for you to access for six months.

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Webinar-at-a-Glance

While polished lobby plaques display certifications synonymous with energy efficiency and performance, many building owners are unaware that these buildings hide unique exposures that may not be accounted for under standard property insurance policies.

As insurers continue to enter the green space, insurance buyers are scrambling to understand how changing policy language and coverage options impact their properties. Determining proper values to avoid being underinsured at the time of a loss or to avoid being charged too much premium is a critical aspect in the process of obtaining green coverage. In this hour we will provide an overview of the current commercial green property insurance and builders risk options and review critical areas that you should be conscious of during your assessment of insurance.

This webinar will help participants understand unique risks inherent in green buildings during both the construction and occupancy phases. It will also help identify the proper builders risk and property insurance solutions for these two phases.

Who Should Consider Purchasing

This webinar is designed for P&C agents and brokers, P&C underwriters, and those charged with managing construction risks or purchasing insurance for construction projects (e.g., risk managers and financial managers). It will also be informative for consultants, surety agents and brokers, surety underwriters, and attorneys who wish to improve their knowledge of construction insurance.

Benefits to Your Participation

Attendees will gain a better understanding of:

• How to identify coverage gaps that may result from traditional coverage.

• How green upgrade coverage applies in the event of a loss.

• How to identify exposures present with buildings certified by a “Green Authority.”

• The current insurance market.

• Key considerations when selecting coverage.

Continuing Education Credit Information

Attending seven construction-focused IRMI webinars, such as this one, will satisfy the annual reaccreditation requirement for the CRIS^® program. CPCUs attending this webinar will be awarded one (1) CPD (continuing professional development) program point. This webinar has not been filed for and will not satisfy state insurance CE requirements in any state. It has also not been filed for CLE or CPE credit, but you may be able to self-file after attending the program.