Business, Legal & Accounting Glossary
Debris removal is the removal of numerous sorts of debris from a property. The expense of debris removal is frequently covered by property insurance plans in the context of insurance. However, this cost is normally only reimbursed if the debris is caused by a covered risk.
Debris can build up on a property for a variety of reasons. A house, for example, could burn down, resulting in the accumulation of charred wood waste, or a tree could fall on a property, or a hurricane could knock portions of a house off, and so on. Insurance companies understand that removing debris can be costly, not to mention the cost of repairing the property. As a result, debris cleanup is frequently covered by property insurance policies for covered perils.
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This glossary post was last updated: 20th January, 2022 | 0 Views.