Personal Finance #7-Insurance-Home & Car
Learn risk mitigation strategy & how homeowners insurance and car insurance are used from a Certified Public Account CPAWhat you'll learn
- Define insurance
- Implement a risk mitigation strategy
- Construct a personal insurance plan
- Define property insurance and explain how it fits into a risk mitigation strategy
- Define liability insurance and how it fits into a risk mitigation strategy
- Describe homeowners insurance and how it fits into a risk mitigation strategy
- Describe renter's insurance and how it fits into a risk mitigation strategy
- Describe car insurance
- List the components of car insurance
- Describe which types of car insurance may be required by law and why