Understand the definition and business implications of nonowned autos in vehicle insurance. Learn how rented, leased, or borrowed vehicles are covered when used for business purposes.
Discover the significance of improvements and betterments in property insurance, and understand how tenant modifications can increase the value of leased buildings.
Explore comprehensive definitions, etymologies, synonyms, antonyms, facts, quotes, government regulations, references, and quizzes related to insurance terms. Ideal for professionals, students, and enthusiasts.