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Home and Automobile Insurance Chapter 8
Objectives ,[object Object],[object Object],[object Object]
Objectives cont’d ,[object Object],[object Object]
Lesson 1: Insurance and Risk Management
Insurance and Risk Management ,[object Object],[object Object],[object Object],10-2
Types of Risk ,[object Object],[object Object],[object Object],[object Object],10-3
Coverage and Type of Risk ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-4
Risk Management ,[object Object],[object Object],[object Object],[object Object]
10-5 RiskAvoidance RiskShifting RiskAssumption RiskReduction Ways to Manage Risk
Risk Avoidance ,[object Object],[object Object],[object Object],[object Object]
Risk Reduction ,[object Object],[object Object],[object Object],[object Object]
Risk Assumption ,[object Object],[object Object],[object Object],[object Object],[object Object]
Risk Shifting ,[object Object],[object Object],[object Object]
Planning an Insurance Program pg 241 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-6
Property and Liability Insurance ,[object Object],[object Object],[object Object],10-7
Property and Liability Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],10-8 (continued)
Lesson 2: Home and Property Insurance
Home Insurance Coverage House and other structures Personal Property Loss of use/additional living expenses while home is uninhabitable Personal Liability and related coverages
Homeowner’s Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-9
Homeowner’s Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],10-10 (continued)
Items Covered by Renter’s Insurance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-11
Home Insurance Policy Forms pg 250 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-12
Lesson: 3 Home Insurance Cost Factors
Home Insurance Cost Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-13
Policy Provisions ,[object Object],[object Object],[object Object],[object Object],10-14
Factors That Affect  Home Insurance Costs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-15
Lesson: 4 Automobile Insurance Coverages
Automobile Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],10-16
Motor Vehicle Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-18
Motor Vehicle Insurance Coverages ,[object Object],[object Object],[object Object],[object Object]
Motor Vehicle Liability Coverages 10-17 bodily injury liability property damage  liability
Auto Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],10-20
Motor Vehicle Insurance Coverages ,[object Object],[object Object],[object Object],[object Object],10-19 
Collision Coverage ,[object Object],[object Object],[object Object],10-22
Comprehensive Physical Damage ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-23
No-Fault Insurance ,[object Object],[object Object],[object Object],[object Object],10-21
Other Coverages ,[object Object],[object Object],[object Object]
Lesson: 5 Automobile Insurance Costs
Amount of Coverage ,[object Object],[object Object],[object Object],[object Object],10-24
Auto Insurance Premium Factors ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-25
Reducing Automobile Insurance Premiums ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],10-26
Class Activity ,[object Object],[object Object],[object Object],10-27

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HUSC 3366 Chapter 8 Home and Automobile Insurance