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Reflect on the information presented in this week’s lesson and provide an insightful response to each question writing no more than two paragraphs. Save and Submit to Dropbox 1 . Save your work as a Microsoft Word 2010 (. ocx) file that includes your ame, course code, and title in the file name. For example: JaneSmith_AN1 103_Week8. docx. 2. To submit your assignment, go to the Dropbox and click “Submit Assignment. ” 3. Click on the drop-down menu to select the Week 8: Individual Work basket in the Dropbox. Objective: Illustrate how property and motor vehicle insurance impact your financial resources Locate the Action Involved Projects on page 31 8 of your textbook and complete numbers 1 and 3. Action Involved Project 1: The Benefits of Renters Insurance.
Identify three to ive of your friends who currently live in rental housing. Ask them if they are covered by a renters insurance policy. If not, ask them why they have not decided to buy such coverage. If they are covered, ask them to give their assessment of the costs and benefits of having a policy. Kanassa isn’t covered buy renter insurance. She to cheap to buy it she feels like she not buying the house so she don’t need it. Michael isn’t buying his townhouse but hope to buy renter insurance soon. Michelle isn’t buying rental insurance because she aid she can’t afford it.
Action Involved Project 3: Automobile Insurance Claims. Interview three or four people who have been involved in an automobile insurance accident. Ask them to summarize the claims process as they experienced it and how they now view the process compared to what they expected. Carlaneisha, where in a car wreck and someone hit her and took off but later came back to the scene. So by that time the police was there to write a report and take the lady that hit her to jail because her license were suspended and idnt have insurance and it wasn’t even here car.
Tierra, was in a wreck and it was her fault. She said she didnt see the man because she was texting and driving. Tierra didn’t have insurance or license so the man sewing her because his truck wasn’t drivable no more. Kenya, were in a wreck and some older man hit her he said he didn’t see her. So he agreed to fix her car and swash the situation. Even doe she didn’t have licensed, but she had insurance. Kenya got a ticket for not having licenses and the man got a ticket because it was his fault.