Quia obtains a fire insurance policy on her house from Residential Insurance Company. Later, after she moves out and the house is empty, a fire destroys the structure. Most fire insurance policies require that at the time of a loss, the insured premises be

Question

Quizplus · Accepted Answer

Most fire insurance policies require that the insured premises be occupied at the time of a loss to prevent fraud and reduce risk, as unoccupied homes are at greater risk for damages, including those from fire.

Quia Obtains a Fire Insurance Policy on Her House from Residential