Auto Insurance
What are the current minimum Bodily Injury limits in UT
$30,000 per person/$65,000 per accident
This is a policy you get if you own a rental home.
Landlord Policy
or
Habitational Rental Policy
This is what you pay/are responsible for when you file a claim. "Skin in the game"
Deductible
This is an optional coverage on a home policy that protects you from sudden Earth Movement
Earthquake Coverage
This part of your home policy protects you and your family from lawsuits.
Liability Coverage
What is the minimum Property Damage limits in UT
$25,000
You need this kind of policy if you have at least 1 full time employee.
Workman's Compensation
Does Rental Reimbursement coverage cover you if your car's in the shop for non-claim related repairs such as engine repair?
No
This policy will increase your liability limits on all of your policies by $1,000,000 up to $10,000,000
Umbrella Policy
This coverage protects your sewer line, power line, water line and cable line.
Service Line Coverage
Daily Double
What is the highest BI and liability limits you can receive on a standard auto policy.
$1,000,000 per person
$1,000,000 per accident
$1,000,000 property damage
If you are an employee of your own business, are you required to carry a Work Comp policy for yourself
No
When using your insurance for a claim, do you have to pay your deductible if the other party is at fault.
Yes
Will your personal Umbrella policy extend coverage over your commercial rental homes
Yes
Am/Fam Umbrellas extend over up to 9 rental properties even though they are commercial policies.
Does your insurance policy cover the value of your home
No
Your policy covers the replacement cost of your home, not the land or the value
PIP stands for what? And what's the state minimum for coverage.
Personal Injury Protection
$3,000
This insurance covers professionals, like Realtors and Insurance Agents, from lawsuits for negligent acts and errors committed during business that result in a financial loss.
E&O Insurance
or
Errors & Omissions
This is what happens when your insurance carrier tries to recover damages from the "at fault" party to cover your claim and deductible.
Subrogation
This life insurance policy gives you the highest amount of coverage for the least amount of cost.
Term Life
Daily Double
This coverage protects anything not attached to your home such as a playset, sheds and fences.
Coverage "B" or "Unscheduled Structure" Coverage
What is the minimum recommended BI and Property limits offered at Casey & Associates
$100,000/$300,000/$100,000
*Chance of lawsuit drop substantially*
If you have a business location where customers can come to do business with you, you don't need a GL policy, you need a _______ policy
Business Owners Policy
Daily Double
Who should you call if you're hurt in an accident and the other party is at fault.
Rhett Hosman, 801-330-6443
American Family Insurance was founded in this year.
1927
You have to do "this" for any large valued items inside your home such as coin collections, high end firearms or valuable instruments.
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