Underwriting a new homeowner’s insurance policy or renewing someone’s existing coverage has traditionally included a boots on the ground property inspection to verify the current condition of a property. But with the great strides being made in the area of insurance inspection technology over the past several years, things are changing. Where it was once […]
Month: January 2021
Insurance Risk – The Driving Force Behind Insurance Underwriting
The entire insurance industry revolves around the concept of insurance risk. Without insurance risk, there would be no insurance business. Whether it’s film star Betty Grable’s legs that were insured for $1,000,000. back in the 1940s or Bruce Springsteen’s $6 million insurance policy on his voice, where there’s a potential for financial loss, there’s usually […]
