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URL	https://insurancequicky.com/hazard-insurance/
Description	Hazard insurance is a type of property insurance that protects against damage caused by specific hazards, such as fire, vandalism, or natural disasters. It provides coverage for the structure of a property and its contents, ensuring financial protection for homeowners or landlords. Mortgage lenders typically require hazard insurance to safeguard their investments during unforeseen events. Policyholders pay regular premiums to the insurance company, which then assumes the risk of potential hazards. In the event of a covered loss, the insurance company compensates the policyholder for the damage or loss incurred up to the policy limits. Click the link here and find more information here.
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Add Time	2020-12-26 23:42:34
Category	Business / Accounting

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