Borderline Risk | Insurance Glossary

Definition of "Borderline risk"

Prospective insurance applicant who has questionable underwriting characteristics.

Property title having no encumbrances. In the usual sense this means a title not having a mortgage. ...

A prefabricate house constructed in a factory with final assembly and erection on site. Because of e ...

Enclosed building that stores agricultural products (hay, livestock or farm equipment). ...

In real estate, the basis to set an adjustable rate mortgage, such as a 6-month certificate of de ...

Will not meeting all the requirements of a valid will. ...

A lender who specializes in lending to sub-prime borrowers. ...

Zoning is the laws that establish how a property can be used and what codes must be followed when er ...

A contingency is a provision included in a sales contract stating that certain events must occur or ...

Earnest money is a deposit you make when you make an offer on a house. ...

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

Commercial insurance is designed to help protect many of the risks your business can face, including ...

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