Question: Explain how personal liability insurance can be added to a
Explain how personal liability insurance can be added to a dwelling policy.
Answer to relevant QuestionsMichael is a college senior who is majoring in marketing.He owns a high-mileage 2003 Ford that has a current market value of $2500. The current replacement value of his clothes, television, stereo, cell phone, and other ...a. What is the difference between peril and hazard?b. Define physical hazard, moral hazard, attitudinal hazard, and legal hazard.Explain the difference between a direct loss and an indirect or consequential loss.a. Identify the major fields of private insurance.b. Identify several property and casualty insurance coverages.Identify the coverage found in a typical boat owner’s package policy.
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