W
hen you hear fire engines
roar down the street, you might
wonder what is on fire and if
everyone is okay. But, have you
ever thought about what happens
after a fire? What happens to the
business housed in the building
that burned to the ground or
to the family who just lost its home? What happens largely depends on
whether or not the owners carried property and casualty insurance. In this
chapter, you will learn about insurance for the places people live, whether
they own or rent. Additionally, businesses large and small face many risks
they can protect themselves against with insurance. A range of insurance
products to meet specific business needs are covered in this chapter.
35
Property and Casualty
Insurance for Homes
and Businesses
Chapter2
Check Your Insurance IQ
College
and Career
Readiness
Reading Prep. Before
reading this chapter,
preview the illustrations.
Translate the technical
information in the
illustrations into words. Assess the
extent to which the illustrations
support the content.
Before you begin this
chapter, see what you
already know about
insurance by taking the
chapter pretest.
www.m.g-wlearning.com
www.g-wlearning.com
Corporate environmental reports are being created by
many insurance companies. These reports create positive
public relations to demonstrate the commitment of the
company to protecting the environment. Some topics
included in these reports may be the company’s internal
practices for preserving the environment, relationships
with the community, and ongoing business partnerships
that pursue sustainable business processes.
Go
Green
Section 2.1
Homeowner’s and
Renter’s Insurance
Section 2.2
Commercial Insurance