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Finance Matrix

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  • Jan. 2013
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University of Phoenix Material

Appendix F: Insurance Matrix

Directions – Matrix

For each type of insurance listed in the matrix, identity three functions, three coverage characteristics, and three companies that offer this type of insurance.

|Type of Insurance |Functions |Coverage Characteristics |Companies That Offer It | |Auto |Auto Insurance defends your vehicle against |Nationwide, GEICO, State Farm, Progressive, Allstate, |Auto Insurance assists you in paying for damages to | | |responsibility and property dangers. |AAA |your own vehicle and to the other person’s. This also | | | | |makes sure personal injuries that happened in an | | | | |accident or collision are insured. It reduces the | | | | |responsibility for asset dangers, as well. | |Home |This kind of insurance coverage defends against |AAA, State Farm, Liberty Mutual, Geico, Nationwide, |Assists to protect or decrease the sum of damage from | | |responsibility as well as property dangers of a home. |Progressive, Allstate |things like fire, burglary, or floods, Decreases the | | | | |sum upfront....

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