In this assignment I want you to design the best Insurance Policy Package for The Packard's. I will provide you with facts, and based on those facts, design the best insurance products and amounts for The Packard's. The Packard's family consist of a husband and wife and two cats. They have no children. Their combined income is $165,000.
The Packard's Home Information Value: $350,000 Sq. Ft: 2,400 Not on a Flood Plane Home Security System (monitored) Camera system ( exterior) Built: 2004 Garage: 4 car No sprinkler system/10 smoke detectors Construction: Stucco, tile roof, single story Zip code: 86401 House sits on.49 of an acre Inside the Home Vehicles 2025 Ram agoo Diesel Truck Mileage: 72,000 Both drivers over 40 yrs of age, married, no tickets Truck is paid off Vehicle 2 2020 Dodge Durango Citadel Mileage: 4.300 Both drivers over 40 yrs of age, married, no tickets Owe: 530,000 Mac Computer 3 laptop computers 2 iPads 2 iPhones 4 flat screen TVs Garage tools/machinery value: $120,000 Jewelry Misc. -value: $15,000 Engagement ring: 53,000 (sapphire and diamonds) Tennis Bracelet: $1,500 (sapphire and diamonds) a Misc. Information Husband and wife work full time Commute: 30 miles one way (they work at the same place but drive separately due to work hours) Own a 2020 RZR Pro Xpr and owe $12,500 still Wife also is a Notary Public The area is not known for earth quakes, flooding, hurricanes. The house sits at the base of a large mountain range and has had its fair share of forest fires Their credit score is over 800 The area is considered a town but not rural In Arizona glass coverage on vehicles is standard Uninsured Motorist Insurance is needed The Packard's Home Information Value: $350,000 Sq. Ft: 2,400 Not on a Flood Plane Home Security System (monitored) Camera system ( exterior) Built: 2004 Garage: 4 car No sprinkler system/10 smoke detectors Construction: Stucco, tile roof, single story Zip code: 86401 House sits on.49 of an acre Inside the Home Vehicles 2025 Ram agoo Diesel Truck Mileage: 72,000 Both drivers over 40 yrs of age, married, no tickets Truck is paid off Vehicle 2 2020 Dodge Durango Citadel Mileage: 4.300 Both drivers over 40 yrs of age, married, no tickets Owe: 530,000 Mac Computer 3 laptop computers 2 iPads 2 iPhones 4 flat screen TVs Garage tools/machinery value: $120,000 Jewelry Misc. -value: $15,000 Engagement ring: 53,000 (sapphire and diamonds) Tennis Bracelet: $1,500 (sapphire and diamonds) a Misc. Information Husband and wife work full time Commute: 30 miles one way (they work at the same place but drive separately due to work hours) Own a 2020 RZR Pro Xpr and owe $12,500 still Wife also is a Notary Public The area is not known for earth quakes, flooding, hurricanes. The house sits at the base of a large mountain range and has had its fair share of forest fires Their credit score is over 800 The area is considered a town but not rural In Arizona glass coverage on vehicles is standard Uninsured Motorist Insurance is needed
