Homework General Liability

1. If you have a judgment from court that you are at fault and the state recognizes comparative negligence how does that work for distributing the money to the injured person?
2. If you are found to be 60% at fault and have a judgment for $10,000 how much do you have to pay out to the other party, how much basically does the other person lose?
3. What is the type or class of liability term we use for an employee acting for an employer?
4. What name is it for an agent acting in their work for a company or employer?
5. What degree of care do we owe a Trespasser? How about a child? How about a police officer?
6. What are some types of torts? What is not a tort?
7. What are some defenses for Liability claims against you? What is it called when you voluntarily engage in a dangerous or any activity that you know you might get hurt or something or someone can hurt you?

Homework Auto Policy:

1. If insurance follows the car, meaning the policy of the owner of the car pays first and you borrow a friend car, whose insurance pays first and whose pays second? How much might be paid by each is determined by each policy limits. Again Watch The Total Limits of Each Policy
2. Who can get medical payments from your auto policy?
3. If you have comprehensive and collision coverages which pays for what? Also is there a time when you have a choice of which one to use?
4. Which coverage of physical damage would pay if you hit a stationary item? What about if you hit an animal?
5. What can help you if someone hits you and leaves an accident?

Homework Homeowners Property:

1. How much coverage percentage wise do you have for Coverage B, Coverage C, and Coverage D?
2. If something is not attached to your permanent dwelling, cov. A, what category does that structure or item get coverage from? And how much percentage?
3. What is the most common type of coverage for a home owners policy, HO 3 for the structure and the contents, Open or Named Perils?
4. Which cost more open perils or named / broad named perils? (Broad named and named is basically the same for this class).
5. Who is a named insured under a in a homeowners policy? Who would not be covered? Can a visitor sue you? Can a visitor be a relative?
6. Watch the total dollar amount in your limits of suits if you have several suits.
7. Which pays out first and is considered primary, the personal Liability or the umbrella liability?