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7 Cards in this Set

  • Front
  • Back

What is the difference between an Umbrella and Excess Policy

Excess would match underlying pol
Umbrella can be greater or less than than underlying

What is self insured retention or SIR

Underlying pol does not cover loss but umbrella will

Under an umbrella policy who is insured

Anyone with permissive use
Family Friends Anyone allowed to use vehs Or Animals Like walking a neighbors dogs



Mobile Home Coverage what does it provide

40% of coverage A and up to 500$ if insures want to move it and receive endorsement for it

what are common characteristics of a DIC policy

alll risk coverage


excludes named perils


contains no co insurance


high deduc 10,000 or more

Automatic coverage for boat owners is added when

45 days

.

.