Tag: Loss Assessor

Insurance companies collect premiums from their customers that vary based on the risk factors and when a loss occurs the company offers coverage as per the policy terms and conditions for the customers to recover from their loss.

It is always a good decision to have your property insured as you never know unpredictable risks like fire, floods, storms, theft, etc. may cause damage to your property and belongings.

Everyone takes insurance policies to mitigate risk in case of any mishap which shall be financially covered by the insurance company settling the claims.