Case Study Insurance

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 $50,000 the family will receive only this sum, though the overall losses are equal to $79,7753. This case is covered by two insurance schemes: Coverage A and Coverage C. Losses because of wind damage to house structure belong to Coverage A regulations and are fully compensated. As for damaged property inside the house sum of money varies from $9,450 to $47,250. But if in April 12th, 2012 $31,000 has been paid, maximum sum the family can hope for is $44,000.4. In accordance with insurance regulations the sums of money that are to be paid by insurance company are the following: dwelling damage - fully compensated, personal property – if any money has been left after accidents on April 12th, 2012 and July 16th, 2012, it will be paid out, auto damage – as far as no money has been left after the accident on May 21st, 2012, nothing will be reimbursed.5. In this case no refundment will be provided due to the fact that the case happened prior to insurance policies purchasing.6. In this case no refundment will be provided due to the fact that the case happened when insurance agreement was already expired.ReferencesBradley, B. D. (2002). Update on Coverage B: Personal and Advertising Injury. TheUniversity of Texas School of Law 7th Annual Insurance Law Institute. Retrieved from: http://www.txins.org/index.php?option=com_docman&task=doc_view&gid=22Gallegos, A. (2012). Medical liability payouts for surgeries vary widely by state.American medical News Homeowners Insurance: Coverage A – Dwelling. Get Covered USA. Retrieved from: http://www.getcoveredusa.com/homeowners_insurance_coverage_a.aspxHawthorne, C. F., CPCU, CRIS CIC. (2012). Understanding Coverage C: PersonalProperty. TGA Cross Insurance. Retrieved from: …