This module lectures on the claim process focused mainly on the personal auto policy (PAP), with which most individuals are fairly familiar. For this week's discussion, I would like you to consider the process for handling claims under another common policy: the homeowners policy. How do you think the process is the same? How might it be different? When it comes to assessing damages, what are some considerations that may be unique to homeowners claims? You may wish to discuss this using a real or hypothetical claim.

To get you started,an overview of the basic parts of the homeowners insurance policy is provided here(Links to an external site.). Also,this link provides a copy of the standard ISO HO-3 policyDownload this link provides a copy of the standard ISO HO-3 policy used by many insurers for single-family homes.

https://www.insure.com/home-insurance/homeowners-insurance-policy.html#basics