A loan policy does not exclude from coverage defects, liens, and encumbrances that have been created by the insured claimant.

Name: A loan policy does not exclude from coverage defects, liens, and encumbrances that have been created by the insured claimant.
Brand: Quizplus
Rating: 4.8 (56 reviews)

Question

Quizplus · Accepted Answer

A loan policy typically excludes from coverage any defects, liens, and encumbrances that have been created, allowed, or agreed to by the insured claimant, as these are considered within the control of the insured.

A Loan Policy Does Not Exclude from Coverage Defects, Liens