EZ Rentals Company wants to insure the equipment that it rents to the public. To obtain insurance, EZ must have an insurable inter?est in the property

Question

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An insurable interest is a legal or equitable interest in property that gives the insured a right to recover for its loss or damage. In the case of EZ Rentals Company, it must have an insurable interest in the equipment at the time a loss occurs in order to recover under the insurance policy.

EZ Rentals Company Wants to Insure the Equipment That It