Course Description

While many financial services professionals advise their clients on tax, investment, and life insurance issues, far fewer venture to help in property and casualty insurance. Auto and homeowners' policies are mandatory products that everyone generally needs – yet they are also complex products. This complexity raises questions in clients’ minds: Are all my belongings covered under my policy? Do I have to adjust my policy if I want to let my neighbor borrow my car? Do I need an additional policy if I want to work as a rideshare driver? And will my premium go up when I move? In this course, we will cover the fundamentals of auto and homeowners' policies. We will touch on these questions, explore basic coverages, and offer some guidance on what practitioners should cover with their clients in this area, so you can offer guidance and give them the peace of mind they need.

Learning Objectives

  • Recognize the major sections of an insurance policy.

  • State the sections of the personal auto insurance policy.

  • Identify key provisions in homeowners' insurance policies.

Additional Required Materials

  • Course Level: Overview

  • Field of Study: Finance (NASBA); Insurance Planning (CFP); P&C (Insurance)

  • Who Should Attend: Financial services professionals who want to gain a better understanding of auto and homeowners' insurance, so that they can better address client questions.

  • Required Knowledge: None

  • Advanced Prep: None

Instructor

CPA, CPCU, MST, MBA David Peters

David Peters is the Founder and Owner of Peters Tax Preparation & Consulting in Richmond, VA. He has over fourteen years of experience in financial services, including 3 years in the hedge fund industry and six years in the insurance industry. David was the first-ever Chief Financial Officer at Compare.com - a position he held for over three years. He is a national CPE Instructor/Discussion Leader for the AICPA, Surgent, and Kaplan. He regularly teaches courses in accounting, finance, insurance, and ethics throughout the United States. He holds four Masters degrees and contributes regularly to various CPA publications, including NCACPA’s Interim Report, SCACPA’s CPA Report, and VSCPA’s Disclosures. He was also a co-author of the 2018 Virginia CPA Ethics course – a required course for all CPA’s licensed in the Commonwealth of Virginia.