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Chapter 2 Property and Casualty Insurance for Homes and Businesses
Apply Your Knowledge
16. Browse a local newspaper for an article about an accident that involved
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of the business insurance, “property” and “casualty,” applies to the
accident.
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insurance on the home they helped finance.
18. If your grandfather leaves you an expensive watch, describe how you
should insure it to be sure it is completely covered in case of a loss.
19. What type of homeowner’s policy provides the best value, a named
perils policy or a no named perils policy that lists specific exclusions?
Why?
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What kinds of insurance should you purchase? Why?
Working in Teams
Working with a classmate, create a list of competitive advantages an
insurance carrier could offer that would persuade a consumer to move his or
her insurance business to that company. Focus on what is most significant
to the consumer. After you finish your research, survey your class to see
what services they perceive to be most important.
G-W Learning Mobile Site
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pretest and post test, to review the History of Insurance articles,
and to practice vocabulary using e-flash cards. If you do not have a smartphone,
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