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The Complete Book of Insurance »

Book cover image of The Complete Book of Insurance by Richard L. Zevnik

Authors: Richard L. Zevnik
ISBN-13: 9781572483835, ISBN-10: 1572483830
Format: Paperback
Publisher: Sourcebooks, Incorporated
Date Published: August 2004
Edition: (Non-applicable)

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Author Biography: Richard L. Zevnik

Richard Wm. Zevnik has over twenty-five years of experience in the business of insurance and the practice of law. From 1979 through mid-1985, Mr. Zevnik was a commercial property insurance and reinsurance underwriter for the Kemper Companies and the former Prudential Reinsurance Company (now known as Everest Reinsurance Company).

Mr. Zevnik attended Loyola Law School in Los Angeles in the evenings while working full-time at Prudential Reinsurance. He graduated in June 1985 in the top twen

Book Synopsis

We all want the best coverage with the least expensive rates. However, finding the right insurance company and the right agent is actually your second step to making it happen. Your first step is to understand the type of coverage you truly need. Let The Complete Book of Insurance guide you through all of your major insurance needs.

Library Journal

Attorney and former insurance underwriter Zevnik here focuses on property and casualty insurance, including automobile, homeowners', renters', and small business owners' policies. Health, life, and disability insurance are also discussed briefly. Zevnik begins with the history, economics, and structure of the insurance industry, outlining each type of insurance and explaining the common elements of the policies. He emphasizes what is typically covered and what is typically excluded from coverage, with extensive discussion of the meaning of the terminology found in insurance policies. The information is presented logically and clearly, and while this is not an engaging cover-to-cover read, it will be useful to readers trying to understand a policy they own or one they contemplate purchasing. Recommended for public libraries where there is interest in self-help consumer titles.-Joan Pedzich, Harris Beach LLP, Rochester, NY Copyright 2004 Reed Business Information.

Table of Contents

Forewordvii
Introductionxi
Part IInsurance and You
Chapter 1The Role of Insurance in the Economy3
Brief History of the Business of Insurance
Chapter 2The Structure of the Business of Insurance9
Kinds of Insurers
Chapter 3The Marketing and Selling of Insurance15
Independent Agents
Captive Agents
Direct Writers
Retail versus Wholesale Brokers
Guaranty Funds
Choosing What is Best for You
Chapter 4Insuring Other Interests27
Mortgages or Trust Deed Holders
Auto Lessors and Lenders
Other Secured Parties
Additional Insured Interests under Liability Coverages
Part IIYour Home
Chapter 5Homeowners Insurance37
Property Coverages under Homeowners Policies
Insured Capacity: Named Insureds
Chapter 6Loss of Use and Additional Coverages57
Loss of Use Coverages
Additional Coverages
Chapter 7Exclusions69
Section 1 Exclusions
Additional Exclusions
Comparison Shopping
Exclusions Added by Other Insurers
Chapter 8Conditions83
Conditions Applicable to Property Coverages
Duties after Loss
Loss Settlement
Policy Limits and Insurance-to-Value
Loss to a Pair or Set
Appraisal
Other Insurance and Service Agreements
Suits Against Us
Our Option
Loss Payment
Abandonment of Property
Mortgage Clause
No Benefit to Bailee
Nuclear Hazard Clause
Recovered Property
Volcanic Eruption
Policy Period
Concealment or Fraud
Loss Payable Clause
Chapter 9Liability Coverages99
Insured Capacity Issues
Insured Locations
Insuring Agreement
Personal Injury
Bodily Injury
Property Damage
Duty to Defend and Related Issues
Duty to Indemnify
Medical Payments Coverage
Additional Coverages
Chapter 10Liability Coverage Exclusions115
Motor Vehicle Liability Exclusion
Expected or Intended Injury
Business Exclusion
Professional Services
Insured's Premises not an Insured Location
War
Communicable Disease
Sexual Molestation, Corporal Punishment, or Abuse
Controlled Substances
Contractual Liability
Owned Property
Rental Property
Workers Compensation
Nuclear
Bodily Injury to Insureds
Medical Payments Coverages Exclusions
Personal Injury Liability Coverage Exclusions
Exclusions Added by Other Insurers
Chapter 11Liability Coverage Conditions131
Limit of Liability
Severability of Insurance
Duties after Occurrence
Medical Payments Coverage
Suits Against Us
Bankruptcy of an Insured
Other Insurance
Policy Period
Concealment or Fraud
Personal Injury Coverage Conditions
Conditions that Apply to All Coverages
Chapter 12Choosing Liability Limits143
Structuring Your Liability Insurance Limits
Part IIIYour Auto
Chapter 13Personal Automobile Policies149
Structure of Personal Auto Policies
Insurable Interest
Personal Auto Policy Definitions
Liability Coverage Provisions
Chapter 14Auto Liability Coverage Exclusions161
Family Members
Intentional Injury or Damage
Owned or Transported Property
Rented, Used, or Cared-For Property
Bodily Injury to Insured's Employees
Public or Livery Conveyances
Auto Business Exposures
Maintenance or Use of Vehicles in Business Context
Use of Vehicles without Permission
Nuclear Peril
Motorcycles and Off-Road Vehicles
Other Exclusions
Other Comments
Chapter 15Auto Liability Coverage Conditions169
Limit of Liability
Out-of-State Coverage
Financial Responsibility
Other Insurance
Chapter 16Medical Payments Coverage173
Exclusions
Auto Medical Payments Limits of Liability
Chapter 17Uninsured & Underinsured Motorist Coverage183
Coverage
Definitions
Exclusions
Arbitration
Limit of Liability Provisions
Other Underinsured Motorist Coverage Provisions
Chapter 18Physical Loss or Damage Coverage Provisions191
Additional Coverages
Exclusions
Conditions
Chapter 19Life, Credit Life, Disability, and Health Coverage209
Life Insurance
Credit Life Insurance
Disability Income Insurance
Health Insurance Policies and Managed Care Plans
COBRA Rights
Glossary233
State Insurance Commissioners245
Index265
About the Author273

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