MO Property & Casualty case studies

MO Property & Casualty · Put your knowledge to work in context.

The Missouri Property and Casualty Producer license is a state-issued credential that allows an individual to sell, solicit, and negotiate property and casualty insurance in Missouri. Licensing and oversight sit with the Missouri Department of Commerce and Insurance (DCI), the agency that also regulates insurers, producers, and other licensees. The MO Property & Casualty case studies are 5 cases and about 3,785 words.

The Burst Supply Line: Mold Sublimit, Water Backup Endorsement, and Loss of Use

Priya owns a 1962 colonial insured on an HO-3 with Coverage A 400,000, Coverage C 200,000, Coverage E (Loss of Use) 60,000, a 2,500 deductible, and a 10,000 fungus (mold) sublimit. The policy also carries a 10,000 water backup and sump overflow endorsement with its own 1,000 deductible.

718 words, about 4 min 2

Additional Insured, Ongoing vs. Completed Operations, and the 'Your Work' Exclusion

Ridgeline Builders was general contractor on a 14-unit townhome project finished in 2019. Summit Roofing, a subcontractor, installed all the roofs.

772 words, about 4 min 3

The Bank Deposit Run: Personal Auto, Business Auto, and Which Policy Is Primary

Dale owns a landscaping sole proprietorship. His business auto policy is written on symbol 1 (any auto), limits 250,000/ 500,000/ 100,000, with hired auto and employer's non-owned auto coverage.

736 words, about 4 min 4

The 1099 Roofer: Employee Status, Exclusive Remedy, and the Uninsured Employer

Carlos signed a one-page 'Independent Contractor Agreement' with Gateway Roofing. He is paid 32 an hour, must be at the shop at 7 a.m., wears a Gateway shirt, drives a company truck loaded with Gateway's ladders and harnesses, and takes direction all day from Gateway's foreman.

765 words, about 4 min 5

Coinsurance, the Period of Restoration, and Ordinance or Law on a Commercial Property Loss

Riverbend Fabrication insures its plant under an ISO commercial property policy: building replacement cost 2,000,000, contents replacement cost 500,000, an 80% coinsurance clause, a 5,000 deductible, and business income/extra expense with a 300,000 limit and the standard 72-hour waiting period. During a cash-flow squeeze the owner declared building values at 1,200,000 and contents at 250,000 on the statement of values.

794 words, about 4 min