LOC120313 So Many Coverages... So Little Time
Date: December 3, 2013
Location: Pioneer State Mutual Insurance Co- Flint
In this analysis of the Homeowners policy we will provide the insurance producer with an understanding of the components of the Homeowners Insurance Policy and provide the agent with an understanding of how the Homeowners policy is organized (formatted.) Further we will provide insight into the various components of the policy, those being the declarations, definitions, insuring agreements(s) (or coverage grant), exclusions, policy conditions (conditions precedent and conditions subsequent) and endorsements. Finally we will identify restrictive and/or broadening policy language found within the various policy provisions.