Personal finance
9 important questions on Personal finance
What is collision insurance?
What is comprehensive coverage?
What is facility association?
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No-fault auto insurance
The factor that affect your auto insurance premiums:
- Likelihood that you will submit claims
- Estimated cost to cover those claims
- Amount of liability coverage
- Amount of deductible
- The insurance company you select
What is homeowner's insurance?
The two types of Perils Covered by Homeowner's Insurance:
- All perils coverage: Protect the home and any other structures on the property against all events except those that are specifically excluded by the policy.
- Named perils coverage: Protects the home and any other structures on the property against only those events named in the policy.
What are the factors that affect homeowner's Insurance Premiums?
- Value of Insured Home
- Deductible
- Location
- Degree of protection
- Discounts
Umbrella personal liability policy
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