There are a number of reasons for conducting a residential inspection, including those ordered by prospective homeowners prior to purchasing a property, those ordered by mortgage companies considering lending money for a home purchase and inspections ordered by insurance companies considering issuing a homeowner’s insurance policy. While similar in many ways, each residential inspection has […]
Month: February 2021
Local and Global Insurance Risk
Lloyds of London is, contrary to popular belief, not an insurance company but rather an insurance marketplace where insurance buyers and sellers meet to do business. Originally started in a London coffeehouse during the 17th century, the prevalent insurance risk at the time was the safety of cargo ships sailing across the oceans carrying goods. […]
