Companies in the business of lending money for various reasons
need to make certain that their investment is protected by
insurance.
  Mortgage companies must make sure the home being financed
is properly insured.
  If the home is destroyed by fire, storm, etc., the lender
relies on the insurance to cover their exposure.
  The insurance needs to be in adequate amounts and properly
include the lender on the policy.
Automobile dealers and banks that finance autos for their
customers need to make sure the vehicles are properly insured.
  They need to be insured for losses due to collision,
storms, and theft.
Any other type of lending institution needs to likewise make
sure their investments are adequately insured.
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