What is RISK Risk Management is the

What is RISK?

Risk Management is the process of identifying and evaluating situations involving pure risk to determine and implement the appropriate means for its management

How do you do this?

2. Evaluate potential losses

Risk avoidance

Risk retention

Loss reduction

Transferring risk

Risk Reduction

4. Implement

5. Evaluate and adjust

Factors affecting cost

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Liability

Extra tips

Questions?

Are you a gambler?

Hurricanes & Tornadoes

Major Points

Homeowners Insurance

Buying HO Insurance

Home Replacement Value

Contents Coverage

Personal Liability

Actions

Questions on Basics?

HO Insurance Industry

Before you buy a house

Actions

Shop Around?

Changing insurer can backfire

Filing Claims

Are you Covered?

What about Floods?

Flood Insurance

Do you need it? What areas flooded last spring?

What’s your flood risk?

But I live in a low risk area…

Flood Insurance

Special Flood Hazard Area

Flood Insurance

Flood Insurance

Flood Insurance

Flood Insurance

Flood Insurance

Earthquake Insurance

Earthquake Insurance

Earthquake Insurance

Earthquake Insurance

Earthquake Insurance

Start the Steps to Preparedness

Two Mistakes of Insurance

How to Avoid these Mistakes

Questions?

Earthquake Potential

Cache Valley Earthquake Risk

What to do in earthquake

Home Hazards

Gas Leaks

E-kits for home, work & vehicle