Home insurance inspections have long been an important part of the home insurance policy underwriting process providing you, the insurance underwriter, with critical information used in your important underwriting decisions. A home insurance inspection generally has two main purposes: To determine the replacement cost of a property should it become destroyed by a peril covered within the […]
Month: September 2021
Speculative Risk Versus Pure Insurance Risk
A guy walks up to a blackjack table in a casino and places a ten-dollar chip in the betting area in hopes of besting the dealer. He’s taking a risk that he may lose that $10, but also has the chance of earning $10 if he has a winning hand. He can even earn $15 […]
