What is the purpose of property insurance?

Answer Property insurance has the purpose of protecting owners in the case of property losses and damages caused by risks such as fire, mold, storm surge, among others, according to Leonard E. Murphy, And... Read More »

Top Q&A For: What is the purpose of property insurance

What Is the Purpose of Property Taxes?

Property taxes provide a revenue stream for government operations. Although the details vary depending on where you live, property taxes generally fund both state and local government operations, a... Read More »

What is difference between home owners insurance and rental property insurance?

Other than home owners insurance covering your primary residence where you live and rental property insurance covering a home that you rent to others there are a few differences in types of coverag... Read More »

What Is the Purpose of No-Fault Insurance?

No-fault insurance is car insurance that pays for the damages to you, your passengers and your vehicle following an accident, whether you were or were not at fault. You and the other party both fil... Read More »

What is the purpose for health insurance?

A health insurance plan is an agreement with a company, the government or a nonprofit agency that approved medical expenses will be paid for by the insurer on behalf of the insured.BackgroundWith c... Read More »