noun
1.
Underwriting is the process by which insurance companies evaluate the Risk of a car, home, or other property or individual to be insured. This process takes place when you submit your application, and is done by an Underwriter from an insurance company.
While protection is never a bad thing, you want to make sure the value of the coverage outweighs the added cost.
Many Americans are operating their personal finances with only the barest minimum of knowledge.
There are unique risks of owning a second home and obtaining the proper coverage may protect you from financial risk.