Method for writing an insurance policy entitled insured tenant leasing

摘要

A method for writing an insurance policy and algorithm for providing a final premium amount to pay for the coverage contracted with an insurer. Discrete dollar amounts for pre-selected moving and pre-selected storage service expenses are comprised into a unit loss value amount. Data retrieved from census records and other sources comprising the number of rented (homogenous) units for a specified geographical area, and data from courthouse records comprising the number of evictions for the same specified geographical area, profit margin data and the unit loss value amount are transformed by entering the data into a spreadsheet or other data processing apparatus, comprising software used to manipulate the numerical data through a series of mathematical calculations in an algorithm, into the final premium amount utilized by the method for writing an insurance policy, enabling coverage in an insurance contract for tenant's exposure to property (possessions) losses during the eviction.