Calendar Year Experience | Insurance Glossary

Definition of "Calendar year experience"

Paid loss experience for the period of time from January 1 to December 31 of a specified year (not necessarily the current year).

Loan applications that are withdrawn by borrowers, because they have found a better deal or for othe ...

List of dwelling units, such as homes. ...

Annual premium expressed on a proportionate basis such as monthly, quarterly, or semiannually. ...

Company in which shareholders limit their liability exposure to their percentage of ownership or equ ...

Property used consistently for many years by someone without challenge from the owner. Easement ...

Use of another party's property in exchange for rental payment. ...

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

A penalty fee charged for paying off a mortgage early, thus allowing banks to still make money off o ...

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

A borrowers other debts, such as auto loans and credit cards, figured into the debt-to-income ratio. ...

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

Basic points relates to changes in the interest rate for your home. ...

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