Not being able to determine the accurate location information can mean not being able to tell between a mansion and shack.
The impacts are huge!
The Property and Casualty insurance and home equity based financing industries represent $1 trillion dollars in assets. There are $3.6 billion dollars in annualized insurance premiums and $255 billion dollars in new mortgages approved annually.
So having the precise location is vital.
Have a look at this animated video on "Property Based Decisions"
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