Insurance Company management noticed a downward trend in both its new and renewal homeowners premiums. They conclude that it is most likely due to its homeowners products not meeting customer needs, with many customers being attracted to competitors' products. Based on this, which one of the following corrective actions is most appropriate for Insurance Company? Underwriting changes Service changes Automation changes Product changes QUESTION 13 An individual who owns a motorcycle with a sidecar wishes to insure the associated liability exposure. Which one of the following insurance solutions would provide the best coverage? Incidental Low Power Recreational Motor Vehicle Endorsement added to the homeowners policy Unendorsed personal auto policy provides adequate liability coverage Miscellaneous Type Vehicle Endorsement added to the homeowners policy Miscellaneous Type Vehicle Endorsement added to the personal auto policy QUESTION 14 Which one of the following policies determines the value of a watercraft's hull, outboard motor, and trailer separately, but applies a single deductible? Small boat policy ISO Watercraft Policy ISO Homeowners policy Boatowners and yacht policy QUESTION 15 Which one of the following is true with regard to coverage for acts of directors or officers under a personal umbrella policy? They are always covered. They are always excluded. Directors or officers of a for-profit organization are covered. Directors or officers of a not-for-profit organization are covered.