Wednesday, January 05, 2005

Insurance, Conditions

Homeowner's policies may include the following conditions: (1) Owners are required to give immediate written notice of loss to the insurer or the insurer's agent. (2) The insured must provide proof of the amount of loss. This suggests that owners should keep accurate records of the items in a building and of their original cost. (3) The insured must cooperate with the insurer

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