This case is covered by Coverage C that deals with contents of personal property. The final losses make a sum equal to $62,000. Due to the fact that according to Coverage C regulations reimbursement sum varies form 10 percents to 50 percents, so the family can receive from $6,200 to $31,000.2. Due to the fact that final forecasted sum for property damage that concerns auto insurance is... read more
2 pages
600 words
1. April 12th,2012: a water pipe burst in your kitchen while the dinner was being cooked and it produced $67,000 to your home and $4,000 to some small appliances and kitchen items.
From the Information provided, under cover A and B, the compensation provided will amount to Coverage A: $220,000 and Coverage B: $22,000, thus compensa... read more
1 page
300 words
Сase Study
We are going to indicate how much the insurance company is required to pay for the claims and under which coverage they are paid. According to the task’s conditions, the first event was in April 12th, 2012, when a water pipe burst in your kitchen and it produced $45,000 to your home and $6,000 to some small appliances and kitchen items. As it is known, the coverage A ... read more
2 pages
600 words
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