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Chapter 2 Property and Casualty Insurance for Homes and Businesses
Chapter Summary
Section 2.1 Homeowner’s and Renter’s Insurance
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contents against certain losses. It also provides liability protection for the
policyholder and family.
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some states have different categories.
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Flood Insurance Program, while earthquake insurance can be added as
an endorsement to a standard homeowner’s policy.
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with especially valuable items placed on a schedule.
Section 2.2 Commercial Insurance
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kinds of property associated with the business.
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policy, combining two or more policies into one.
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policy (BOP) insurance, which provides property and liability coverage. It
also covers loss of income if the business has to stop operating.
Now that you have finished this chapter, see what you
know about insurance by taking the chapter post test.
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