The personal auto policy contains several coverage’s that meet the insurance needs of typical insured individuals

The personal auto policy contains several coverage’s that meet the insurance needs of typical insured individuals

The Section I property coverages provide different types of coverage to an insured individual. For each of the following coverages briefly describe the type of coverage provided and give an example of a loss that would be covered.
Coverage A—Dwelling
Coverage B—Other Structures
Coverage C—Personal Property
Coverage D—Loss of Use
150 words, 1 reference – see below and I attached the book (the readings are in chapters 20,22,24)

Reference
Rejda, G. E. (2011). Principles of risk management and insurance (11th ed.). Boston, MA: Pearson Prentice Hall
The personal auto policy contains several coverage’s that meet the insurance needs of typical insured individuals. For each of the following coverage’s, briefly describe the type of coverage provided, and give an example of a loss that would be covered.
Part A—Liability Coverage
Part B—Medical Payments Coverage
Part C—Uninsured Motorists Coverage
Part D—Coverage for Damage to Your Auto
150 words, 1 reference – see below and I attached the book (the readings are in chapters 20,22,24)
Reference
Rejda, G. E. (2011). Principles of risk management and insurance (11th ed.). Boston, MA: Pearson Prentice Hall

Rejda – Principles of risk management and insurance

 

……………………..Answer preview………………………….

Property coverage
Part 1
Dwelling
The insurance covers various risks associated with the place where a person lives. The covered areas in a person’s dwelling include the loss of a person’s dwelling through lightning fire or even windstorms. In this case, the insurance company pays the dwellers the value of their destroyed dwelling, without taking into account the depreciation of the dwelling place……………………………

APA

544 words

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