insurance claim: When is an insurance claim NOT a claim you want to make?
- 10/03/10 08:08 AM
Merriam-Webster defines insurance as: Definition of INSURANCE 1 a : the business of insuring persons or property b : coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril
This blog is about "B" - loss by a specified contingency or peril. We are all supposed to carry insurance on mortgaged property to protect the lender in case of loss. NOTE I said lender - not you. There are different types of coverage available and homeowners insurance typically covers the structure, contents and loss of use. But your lender isn't … (1 comments)
Merriam-Webster defines insurance as:
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