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Published byClinton Henderson
Modified over 7 years ago
© South-Western Educational Publishing Chapter 26 Property and Liability Insurance Property Insurance Automobile and Umbrella Insurance
GOALS © South-Western Educational Publishing Lesson 26.1 Property Insurance Explain why renters and homeowners need property insurance. Describe fire, theft, and other forms of property insurance and types of policies.
© South-Western Educational Publishing Renter’s Insurance Property risk Liability risk
© South-Western Educational Publishing Homeowner’s Insurance How much coverage do you need? Physical damage coverage Theft and vandalism coverage Liability coverage
© South-Western Educational Publishing Homeowner’s Policies HO-1Basic Coverage HO-2Broad Form HO-3Special Form HO-4Renter’s HO-5Comprehensive HO-6Condominium Owner’s HO-7Older Homes
GOALS © South-Western Educational Publishing Lesson 26.2 Automobile and Umbrella Insurance Discuss common types of automobile insurance coverage and what each coverage is designed to protect. Explain the concept of liability insurance as it relates to an umbrella policy.
© South-Western Educational Publishing Automobile Insurance Cost of automobile insurance Types of automobile insurance coverage
© South-Western Educational Publishing Cost of Automobile Insurance Model, style, and age of car Driver classification Location Distance driven Purpose of driving Age and sex of other regular drivers of the car
© South-Western Educational Publishing Types of Automobile Insurance Coverage Liability coverage Collision coverage Comprehensive coverage Personal injury protection (PIP) Uninsured/underinsured motorist coverage No-fault insurance Assigned-risk policies
© South-Western Educational Publishing Umbrella Liability Insurance Personal catastrophe policy Supplements your basic auto and property liability coverage
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Chapter © 2010 South-Western, Cengage Learning Property and Liability Insurance Property Insurance Automobile and Umbrella Insurance.
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