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Popular Real Estate Questions

Popular Real Estate Glossary Terms

Earned premium minus incurred losses plus loss adjustment expense plus other incurred underwriting expenses plus policy owner dividends. This income is generated from the insurance business ...

Funds put up by venture capitalists to finance a new business. Often, involves a loan or investment in preferred stock or convertible bonds. A major purpose of seed money is to form a basis ...

Provision of property insurance that establishes the amount for which an insured must be reimbursed for damaged or destroyed property according to the price a willing buyer would pay for ...

A ceding company's premium to which the reinsurance premium factor is used to produce the reinsurance premium. ...

12-month period from the date of issue of a policy as stated in its declarations section. ...