This book provides comprehensive information on property insurance claims and how best to apply the principles of insurance. It considers the fundamental elements of the law and practice of loss adjusting in a form that promotes the study of the profession of a loss adjuster.
The book sets out the principles of insurance law, the parties involved in insurance policies/claims and important policy considerations, including insurable interest, perils, disclosure, warranties and conditions. Matters following a loss are also covered, such as causation, underinsurance, contribution, measurement of loss, subrogation and fraud.
The text includes sample calculations as well as relevant case law and statutes.