In another course we reviewed the different types of liability coverage. But at the root of each of those risk programs is a legal document, the policy. The policy contains everything upon which claims decisions will be made, and its not always a clear-cut process.

Your insurance agent should know this stuff like the back of his hand, and he should be able to explain it to you in 8th grade english. Our friend, and attorney, John Mongogna knows this stuff better than most insurance company attorneys! Have a listen as he dissects a standard policy, explains the different sections, what's covered and how to determine what's not.

Better you do your homework before you have a claim than find outlater, or have to pay someone like John, to find out for you after you have a claim.

What You'll Need

• Something to write with
• Something to write on
• Your favorite beverage; alcohol not recommended