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Issue:

Business

 

Written by:

Larry P

 

Date added:

February 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 608

 

Was viewed:

10232 times

 

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Essay content:

This would be a major modernization of the Safeco auto contract. In addition, today's cars have high-tech options like GPS navigation systems and DVD players that weren't around when Safeco's auto policy was last revised. Along with specifying additional coverage for the latest factory- or dealer-installed electronics, the new policy clarifies the language in areas as varied as racing, pizza delivery, radar detectors, mold and certain liability limits...
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It also updates definitions, adding domestic partners and civil-union partners to the definition of "named insured," for example. What is the project going to solve or achieve? The big change would have one base contract for all markets, with lots of optional coverage's available at an extra cost. "Customers will be able to build the coverage that fits their personal needs, instead of being handed a one-size-fits-all policy...
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