Bankrupts Burn

A short but interesting post. A real estate guy was in the office describing how property and casualty insurance companies are demanding commercial and residential landlords insist on a credit check, a Dun Bradstreet, Equifax or a Beacon score report be included with the application to rent.
I was wrong assuming the insurance companies wanted to ensure the credit worthiness of new tenants to protect the financial well-being of the landlords.
The reasoning is insurance companies’ data revealed those who have an inability to meet their financial obligations also have a higher inability to prevent their homes from burning. It is loss prevention.
I am still reflecting on this.