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...ht insurance. And buy Flood and Earthquake insurance, if you're eligible and v...just claims from the San Francisco earthquake. Adjusters from other states wer...

... this technique could be useful include pollution liability, products-recall liability, and employment- related liability. Prospective Financial insurance is also useful when the insured believes its annual risk is limited and desires to assume some of the risk, but wishes to protect against extreme fluctuations. Earthquake is an example of a improbable annual loss risk with the potential for extreme fluctuation in payments. Prospective Financial insurance can allow the insured to assume a higher level of risk. Retrospective Financial insurance applies to known losses for which ultimate costs (and timing risk) ... of the worst possible disaster (e.g., to the 90% confidence level or higher) . Retrospective Financial insurance often is useful when the organization is motivated to buy coverage mostly for financial reasons. Examples could include the desire of a self-insured to obtain a tax deduction for amounts reserved for claims liability, the need to remove financial uncertainty during an acquisition, or a need to stabilize annual earnings. Loss Portfolio insurance is a type of Retrospective Financial insurance frequently used by insurers withdrawing from a line of business. The concept also ... useful for self-insured organizations that wish to eliminate risk for a book of claims related to an activity no longer pursued. An example would be a manufacturer that has discontinued a product that has been provoking liability claims. This approach is mostly a timing risk transfer in that an insurer accepts the liabilities in exchange for a premium equal to the current value of the organization's loss reserves plus a risk charge for the difference between the total reserve and the agreed-upon aggregate limit. The risk charge need not be large if the purpose of the transfer ...

...two most frequent are flood and earthquake. Personal property coverage i...