Submitted by: Submitted by ineedhelpplz
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Category: Business and Industry
Date Submitted: 12/13/2013 03:55 PM
Associate Level Material
Appendix E
Insurance Matrix
Type of Insurance Functions Example of Company Coverage Characteristics
Auto Provides for payment of damages for bodily injury and property damage arising out of a car accident for which a covered person is legally responsible.
Provides for defense in the event of a lawsuit.
In addition to our limits, we will pay up to $50 a day for loss of wages for a covered person for attendance at a hearing or trial at our request.
Provides payment for damages for bodily injury caused by an uninsured/underinsured motorist for covered persons while an operator or occupant of a car.
Provides payment for damages for bodily injury caused by an uninsured/underinsured motorist for covered persons while pedestrians
Provides property damage coverage when loss is caused by an uninsured/underinsured motorist (deductibles applicable).
Provides for payment of reasonable medical expenses resulting from a car accident regardless of fault.
Provides funeral expenses up to $2,500.
Provides payment for reasonable medical expenses for a covered person when a passenger in a non-owned vehicle or when a pedestrian.
Also will pay reasonable cost for use of bed for named insured for overnight stay in a hospital with a family member injured in a car accident covered by your policy up to the specified limits in the policy.
Pays for damage to your car or non-owned car due to glass breakage, collision with an animal, fire, theft, hail or vandalism
Payment, up to the specified limits in the policy, for transportation expenses because of the theft of the entire covered car.
Provides limited coverage for non-owned cars including rental car.
Provides up to $200 for loss of wearing apparel and luggage due to theft of the entire covered car.
Alfa Insurance, State Farm Liability, bodily injury and property damage
Uninsured/underinsured motorists
Medical payments
Comprehensive
Home Jewelry
Furs
Cameras
Musical...