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Date Submitted: 03/16/2011 04:02 PM
Axia College Material
Appendix F
Insurance Matrix
|Type of Insurance |Functions |Example of Company |Coverage Characteristics |
|Auto |In most states auto insurance functions are usually |No fault auto insurance, auto insurance premiums |It includes coverage for both property and liability |
| |traditional base on fault system. The insurance | |risks. |
| |companies make their payments based on each of the | | |
| |persons of fault in a motor vehicles accident. So when| | |
| |you have an accident under no-fault system your | | |
| |insurer will pay for the damages. | | |
|Home |Home owners insurance it generally protects the |Ho- 1 basic form |You should ask the owner for a copy of the clue report|
| |homeowner against property and liability risks. | |so that you can check for any problems with the home. |
| | | |Poor credit can affect you payments as...