Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

BOSTON PLAN Definition & Legal Meaning

Definition & Citations:

A plan where insurers agree that they will not reject property coverage on residential buildings in a slum area. Insurers agree to accept the coverage until there has been an inspection and the owner has had an opportunity to correct any faults. Boston was the first city to originate such a plan. Other cities have followed, including New York, Oakland, Cleveland and Buffalo.

Disclaimer

This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.