Mitigating Losses: Your Obligations Under The Law
Most people have heard of loss mitigation but do not understand what it is and how it affects them. In a nutshell, mitigating a loss means that when you suffer some sort of loss, you take appropriate steps to prevent that loss from becoming even greater. When you address mitigating a loss in terms of property insurance, this means that a policyholder has a responsibility under the terms of their insurance policy to take reasonable […]