Appendix_F week 7 - Axia College Material Appendix F...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Axia College Material Appendix F Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto Auto insurance provides property, liability and medical coverage for six months to a year: Property coverage pays for damage to or theft of your car. Liability coverage pays for your legal responsibility to others for bodily injury or property damage. Medical coverage pays for the cost of treating injuries, rehabilitation and sometimes-lost wages and funeral expenses. Nationwide State Farm Allstate Progressive Safe Auto Find the company’s financial rating. How the company’s reputation for paying claims rank. The length of time the company has been in business. Does the company provide loss prevention services? Can the company offer multiple- year policies? Home Home insurance policies provide a combination of property and liability coverage and covers loss of use resulting from damage. Home policies automatically cover household contents furniture, clothes, appliances, etc. Liberty Mutual
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 10/24/2011 for the course XBIS 219 219 taught by Professor Craigbowles during the Spring '11 term at University of Phoenix.

Page1 / 2

Appendix_F week 7 - Axia College Material Appendix F...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online