Reasonable repairs
Term · Insurance and risk management · MLC-T-INS-002810
Temporary repairs made by the insured to protect covered property from further damage after a loss. These costs are typically reimbursed by the insurer, even if the repairs are not permanent. The policyholder has a duty to mitigate further damage after an insured event occurs.
| Identifier | MLC-T-INS-002810 |
|---|---|
| Field | Insurance and risk management |
| Subject | Personal Lines |
Record as JSON
{
"id": "MLC-T-INS-002810",
"term": "Reasonable repairs",
"field": "Insurance and risk management",
"definition": "Temporary repairs made by the insured to protect covered property from further damage after a loss. These costs are typically reimbursed by the insurer, even if the repairs are not permanent. The policyholder has a duty to mitigate further damage after an insured event occurs.",
"subject": "Personal Lines",
"url": "https://mlchart.com/terminology/insurance/reasonable-repairs/"
}
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