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Please answer all 1,2,3 options and also last part check that apply. Assignment Chapter 10 Protecting Your Property 11. Other types of insurance Musashi is

Please answer all 1,2,3 options and also last part check that apply.
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Assignment Chapter 10 Protecting Your Property 11. Other types of insurance Musashi is a doctor with a standard HO 1 policy with $450,000 worth of insurance on his home, on auto insurance policy with ability limits of 100/300/50, and an additional professional liability policy that protects him against negligence and mistakes made only in his professional activities with a $500,000 lumit. His daughter recently took a course in personal finance and wants to make sure her father is adequately protected from potential losses. Although she knows her father has the standard policies, she describes a number of situations that aren't always covered under standard policies Por each of the scenarios tsat follow, indicate either (1) which of Murashi's current coveragers already protect humor (2) the correct type of coverage that would protect him against the loss described How to Protect Against This Loss? An earthquake destroys the deck of the home, causing $20,000 worth of damage A burglar steals a piece of art (valued at $85,000) from his living room Buy earthquake insurance While he is on vacation, his laptop is stolen out of his hotel room Already covered under HO-1 In addition to these policies, Musashi is considering an umbrella liability insurance pol Already covered under professional liability Which of the following statements regarding umbrella policies is true? Buy personal property floater *** ment: Chapter 10 Protecting Your Property 11. Other types of insurance ols Musashi is a doctor with a standard HO-1 policy with $450,000 worth of suce on his home, one with time of 100/300/50, and an additional professional ability policy that protects humans nedligence and made a professional with a 5500,000 imit. His daughter recently took a course in personal finance and wants to make sure her father is adequately protected from potential losses. Although she knows her father has all the standard poloes, she describes a number of ions that we says covered under standard polices For each of the scenarios that follow, indicate either (1) which of Muscurrent coverage protect or the correct pe coverage that would protect him and the loss described How to Protect Against This Loss An earthquake destroys the deck of the home, causing $20,000 worth of damage A burglarstwa a piece of art (valued at $85,000) from his living room while he is on vacation, his laptop is stolen out of his hotel room personal property Seater In addition to these policies, Musasht is considering anbrella bilty insurance poll By comprehensive personality Already covered under protest Which of the following statements regarding umbrella policies is true Already covered O Musashis mother-in-law trips on a broken step on hi porch and suffers in he umbrella policy will cover the difference between the total cost and what the HOT covers The cost of the additional umbral policy is extremely hih: therefore, it worth it only Musawa Acting Your Property 11. Other types of insurance a Search Musashi is a doctor with a standard HD 1 policy with $450,000 worth of insurance on ha tome, on to insurance policy with lily limits 100/300/50, and an additional professional Bality policy that protects him against nephence and mistakes made only pressionale with a $500,000 limit. His daughter recently took a course personal Finance and wants to make sure her father isdequately protected from potential losses. Although she knows her father has all the standard poloes, she deserves a rumber of stutions that was covered under standard policies For each of the scenes that follow, indicate withert) which of Macarenteraget dy protect humor (2) the correct type of everage that would protect him against the loss described How to Protect against this town? An earthquake destroys the deck of the home, cung 520,000 worth of damage A burglar steals a piece of art (valued at $85.000) from his living room While he is on vacation haptop son out of hotel room In addition to these policies, Musasha considering an umbrella ability insurance pol later policy Already covered under professionality Which of the following statements regarding umbrella policies is true? Buy personal property later DIF Musashi's mother-in-law tips on a broken step on his porch and suffers umbrella policy will cover the difference between the total cost and what the Already covered under 6.1 arhis The cost of the additional umbrella policy is extremely high therefore, it is worth it boly of Musashi is extremely wealthy If Musashi's house is destroyed by a peril not listed under the HO-1's named perils, the umbrella policy will cover the cost of rebuilding For each of the scenarios that follow, indicate either (1) which of Musash's current coverages already protect him or the correct type of coverage that would protect him against the loss described How to Protect Against This Loss? An earthquake destroys the deck of the home, causing $20,000 worth of damage. A burglar steals a piece of art (valued at $85,000) from his living room While he is on vacation, his laptop is stolen out of his hotel room In addition to these policies, Musashi is considering an umbrella lability insurance policy with a feit of $1 million Which of the following statements regarding umbrella polices is true? 1 Musashi's mother in law trips on a broken step on his porch and suffers injuries that require 5120,000 worth of medical care, hus umbrella policy will cover the difference between the total cost and what the HO-1 covers The cost of the additional umbrella policy is extremely high, therefore, it is worth it only if Musashi is extremely wealthy 0 If Musashi's house is destroyed by a peril not listed under the HO is named penis, the umbrella policy will cover the cost of rebuilding (up to $1 million)

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