Evaluate auto, renters, and home coverage
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The idea in everyday life
Separate property, liability, medical, living-expense, and vehicle protections when reviewing common policies.
A home or auto policy is a bundle of different safety nets, not one undivided amount of coverage.
One step at a time.
Use the sample or information you have permission to use. Keep your work as you go. You can pause between steps.
- 1
Identify liability exposure and compare limits with assets, income, household drivers, and realistic legal risk.
- 2
Distinguish repair or replacement of your property from damage or injury caused to others.
- 3
Review replacement cost, actual cash value, loss-of-use, water or flood boundaries, collision, comprehensive, uninsured-motorist, and rental provisions as applicable.
- 4
Check whether savings could cover the deductible. List valuable belongings and items with their own lower coverage limits.
See how it works.
Sam pairs a deductible with available savings, raises liability limits, and creates a photo inventory after learning the landlord’s policy protects the building—not Sam’s belongings.
Did you cover these?
- Your work includes a property-and-liability coverage summary with limits, deductibles, key exclusions, and cash-reserve test.
- Check this common mistake: Assuming a landlord’s policy covers a tenant’s belongings or that homeowners insurance automatically covers flood damage.
- For three sample losses, you can identify the likely coverage section, deductible, limit, and question requiring confirmation.
What to finish
A property-and-liability coverage summary with limits, deductibles, key exclusions, and cash-reserve test.
Watch for this
Assuming a landlord’s policy covers a tenant’s belongings or that homeowners insurance automatically covers flood damage.
How can I tell I understand it?
For three sample losses, you can identify the likely coverage section, deductible, limit, and question requiring confirmation.
Quick knowledge check
Answer all 3 questions. Get at least 2 right and the lesson completes automatically.
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Answer all 3 questions above and get at least 2 right. You can review the explanations and try again.
Go to the knowledge checkOptional course overview video · same video as Lesson 1
What Is Insurance?
From Insurance Learning Services. Watch here or open it on YouTube .
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