The company's name which will be written about is Hochheim Prairie Insurance Company. The paper should be at least 6 pages with minimized inclusion of any charts. Need to follw the uploaded 2 files...

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Hochheim Prairie Insurance Company
Corporate Structure
Hochheim Prairie Insurance Company was established in the year 1892 and was based in Yoakum, Texas
United States. It offers a broad variety of insurance products in order to meet the insurance requirements of the
customers. Mr. John Edward Trott Jr is the president of the company and Ms. Linda Mae Schmidt is the
treasurer and the secretary for a longer period of time. Mr. Trott has been the leader for the company since
1990s and has been a successful leader to lead the company from front and able to position it properly in the
market of insurance. The company offers different variety of insurance products mainly Home Insurance,
Personal Property Insurance, Liability Insurance, Auto Insurance, Farm And Ranch Insurance and Small
business insurance.
Insurance Products Offered:
Home Insurance
Under this product category, the Hochheim provides different variety of coverage to the manufactured homes.
The types of insurances under this category are Home Insurance, Manufactured Home or Mobile Home
Insurance, Modular Home Insurance, Builder’s Risk Insurance, Duplex, Triplex or Four-plex Home Insurance
etc. There will be different variety of protections under this category. Under Hochheim Insurance policies, there
is no liability coverage in case of home insurance. The policy keeps changing from one home to the other home
and the premium decided for the home insurance differs from one home to the other. Under the home insurance,
the company only insures the protection of the home, not the goods inside the home.
Personal Property Insurance
Under this category the company provides coverage on the personal property in the belongings those are not
attached to the home permanently. For example clothes, kitchen items, home appliances etc. are covered under
this policy. The company charges a legitimate amount for insuring these products and it changes from product
one product to the other. Before insuring the products, the company agent tries to estimate the value of each
item and then ascertains the insurance premium.
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Liability Insurance
Under this product, the company provides two coverage named comprehensive personal liability insurance
coverage and farm liability insurance coverage. In the above said first policy, it covers damages because of
injury to body or property damage on your residential premises. We say that, here business pursuits inclusive of
farming and ranching are not covered. As far as liability insurance is concerned, Hochheim has done
significantly well and is able to retain the customers who renew their policies from time to time. Majorly the
customers from United States are very satisfied with the services held and keep continuing the same with the
company in coming days as well.
Auto Insurance
The Company offers many attractive prices and deductibles and liability limits under this insurance. In this
policy car, truck, van, motor home and travel trainer are all included. The coverage addresses the losses arising
due to damage under this policy. The company has also developed few other strategies, where it enters into a
contract with the vehicle manufactures. While the customers purchase vehicles, the insurance is also covered
under this category and eventually the company gains more revenue out of it. Often it is observed; these
customers continue to be very repetitive revenue contributors to the company.
Farm and Ranch Insurance Coverage
Under this coverage, the company touches insurance needs of rural Texans for their farm buildings and
farming equipment. This kind of insurance protects the farmers from the anticipated risk because of the tight
risk exposure. This kind of insurance is very famous to the farmers, as it protects their tentative loss and also
helps the farmers to grow in their farming. Arresting the downside risk is very important for a farmer.
Small Business Insurance
Under this category we may say that, small business units get insured with Hochheim and finally they get
protected for all the debacles may happen to their farm. Majorly under the small business insurance category,
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all the family owned small business is covered under this. The people engaged in the small business have fewer
earnings and if these cashflows are protected, then the business grows up in the ladder. Now we...