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Insurance Matrix

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Appendix E

Insurance Matrix

|Type of Insurance |Functions |Example of Company |Coverage Characteristics |
|Auto |The primary function of auto insurance is to provide |Geico, Progressive, State Farm, Farmer’s, Nationwide | Coverage characteristics can include bodily injury, |
| |protection from and compensation for damage or loss. |and Allstate are a few examples of auto insurance |property damage, collision coverage and a no-fault |
| | |companies. |option. |
|Home |The main function of home insurance is to protect the |A few examples of home insurance providers are PEMCO, |Characteristics of this include property coverage |
| |homeowner against property and liability risks. |Farmers, State Farm, Allstate, Progressive and USAA. |including buildings/structures, personal property and |
| | | |living expenses. It also includes liability coverage. |
|Health |The main function of health insurance is to protect |Some examples of health insurance companies are AARP, |Coverage characteristics can include routine care, |
| |against unexpected costs due to illness, accident or |Medicare, Medicaid, Blue Cross, Keizer and |emergency care, chronic conditions, pharmacy, |
| |injury. A secondary function is to help prevent

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