Скачать или смотреть UH Zoom October 13, 2020 Insurance 101 Property and Casualty

Insurance 101 Property and Casualty
Insurance (Risk Management) is an essential element of Personal Finance. You’ll spend a lot of money buying insurance in your lifetime. So, a little insurance knowledge can help you Make Your Money Count.

This week, we’re focusing on Property and Casualty insurance.
Homeowners

Section I Coverages:
Coverage A: Dwelling
Coverage B: Other structures
Coverage C: Personal property
Coverage D: Loss of use
Section II Coverages:
Coverage E: Personal Liability
Coverage F: Medical Payments to Others
Coverage A: Dwelling
Covers repair or replacement of the house, attached structures and building materials on premises.
Purchase an amount equal to replacement cost (cost to rebuild) of the building.
Insured must carry at least 80% of replacement cost of the building (coinsurance). See Coinsurance