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    Develop an Insurance Appraisal Report with Confidence

    The image displays the Indianapolis skyline as seen from across the river, featuring prominently the JW Marriott Indianapolis with the Appraisal Institute Hoosier Chapter Logo

    This course provides a comprehensive, practical introduction to developing USPAP‑compliant insurance appraisal reports for residential, commercial, and condominium properties. Participants learn how to determine insurable value, differentiate between flood and wind/casualty replacement cost requirements, and accurately document building characteristics using industry‑recognized methodologies.

    Through detailed instruction, real‑world examples, and extensive reference materials, the course guides appraisers step‑by‑step through the insurance appraisal process—from inspection and data collection to CoreLogic valuation, fixture counts, ISO construction class identification, and the preparation of complete, defensible appraisal reports. Special emphasis is placed on understanding condominium master policies, flood zone analysis, CCCL considerations, and the distinctions between “as‑built” replacement cost and code‑upgrade valuation.

    By the end of the course, participants will be able to confidently produce insurance appraisal reports that meet the needs of property owners, insurance agents, carriers, and lending institutions, while adhering to USPAP and Appraisal Institute ethical standards.

    Topics:
    Continuing Education
    Residential
    Who Should Enroll

    For appraisers and trainees preparing insurance appraisal reports, plus agents, adjusters, underwriters, and lenders who rely on them.
    Course Offerings
    Sponsor Date Location Format
    Hoosier State Chapter December 1, 2026 Synchronous View Details Register
    Course Objectives

    Participants will:

    • Understand insurable value and how it differs from market value.

    • Identify what is included in Flood RCV vs. Wind/Casualty RCV.

    • Read and interpret FEMA flood maps, BFEs, and CCCL locations.

    • Use CoreLogic and ISO construction classes to develop replacement cost valuations.

    • Document property characteristics through inspection and photography.

    • Produce USPAP‑compliant insurance appraisal reports.

    • Explain condominium master policy types and interior‑finish responsibilities.

    • Recognize ordinance‑and‑law implications and code‑upgrade exclusions.
    Course Materials & Recommended Books