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1. What Is Insurance? At its core, insurance is a contract (known as a policy) in which an individual or entity receives financial protection or reimbursement against losses from an insurance company. The insured pays a premium to the insurer in exchange for the promise of compensation in the event of a covered loss. Definition:…

Introduction The property market in the United States is one of the largest and most dynamic in the world. Spanning from bustling cities like New York and Los Angeles to suburban neighborhoods and rural towns, the real estate sector forms a vital part of the U.S. economy. Whether you’re a homeowner, investor, or just curious…