In this session, which is adapted from the Basic Personal Insurance Course, we will explore the basics of homeowners' coverages.

Key learning points:

• Define key terms in the homeowners' policy.
• Illustrate major homeowners' policy coverages.
• Apply certain homeowners' policy exclusions.

Who doesn't need a homeowners' policy? But how many of our customers don't really understand what they're buying? The great truth is that we get to explain it to them. However, there are some parts of the policy that can be difficult, especially for the insurance beginner. In this session, we will deal with some key words, key coverages, and key exclusions that form the boundaries in the homeowners' policy. We will also look briefly at the tenant's contents and the condo unit-owners' policies and find out just how similar they are to the homeowners' policy.