The alternative is to insure on an actual cash value basis, which basically is a depreciated replacement cost value.
If the asset has to be replaced in the event of a claim, insure it on a replacement cost basis.
about 40 percent of all home mortgages to African American and Hispanic homebuyers.
This form of disability insurance is a very specialized area of underwriting because you are talking about not even insuring the whole person, but what you are insuring is something another underwriter won't insure
," Thomas said.
6) In determining whether to insure
a particular loan, a PMI company acts as a review underwriter, evaluating both the creditworthiness of the prospective borrower and the adequacy of the collateral offered as security on the loan.
will be asked to turn over any policies they wrote to insure
The new endorsement expands coverage beyond that offered by standard additional insured endorsements commonly used to insure
personal trusts and other entities with an ownership interest in a home.
So, if the insured wishes to insure property damage to autos in its custody, it should purchase garagekeepers insurance, either as a separate policy or through endorsement CA 99 37.