This refers to the use of property. A home, for example, may have a real estate office in it. This dwelling would then have a “business occupancy.” Occupancy plays an important role in determining rates, and the acceptance or rejection of risks.
This refers to the use of property. A home, for example, may have a real estate office in it. This dwelling would then have a “business occupancy.” Occupancy plays an important role in determining rates, and the acceptance or rejection of risks.