An entity which provides insurance is known as an insurer, insurance company, or insurance carrier. A person or entity who buys insurance is known as an insured or policyholder. The action involves a contract.
The insurance transaction involves the insured assuming a guaranteed and known relatively small loss in the form of payment to the insurer in exchange for the insurer's promise to compensate the insured in case of a covered loss.
Covers equipment, signage, inventory & furniture in case of a fire, storm or theft.
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The insured receives a contract, called the insurance policy, which details the conditions and circumstances under which the insured will be financially compensated. The amount of money charged is called the premium.
Pat at Precision helped me save a bunch of money on my home, Auto and motorcycle insurance. He was fast and on top of everything. Thanks Pat and his team.
Been a member here at Precision Insurance for years. Always helpful and ready to answer your question. Very friendly staff.
Saved me a ton on insurance
After I got in an accident my car insurance premiums doubled. After getting several online quotes from other providers, I talked with Pat. He saved me money on my auto insurance but also my home owner's. It is worth making a few minutes of your time to talk to them.