We will now differentiate between named and open peril policies while comparing the massive financial impact of Actual Cash Value versus Replacement Cost coverage. This module also explores the "Modern Risk Landscape," including new industry standards for roof age and solar panels. By the end of this module, you will be able to audit a homeowners policy for hidden gaps and navigate the tradeoffs between lower premiums and higher protection.

This module focuses on the road, breaking down required and optional auto coverages like liability, collision, and comprehensive. We will discuss modern pressures on the auto market, including telematics, the gig economy, and the unique risks of electric vehicles. By the end of this module, you will understand the mechanics of a Personal Auto Policy and be able to identify common coverage gaps that leave your assets vulnerable.

Our final module explains how Umbrella insurance extends underlying coverage to protect your future earnings and human capital from major legal judgments. We will also evaluate how emerging technologies and climate risks are reshaping insurance availability and broadening our strategy to include health and life insurance. At the conclusion of this module, you will be ready to complete the final assessment for the course and earn your Coursera certificate!