Commercial Lines | Insurance Glossary

Definition of "Commercial lines"

Betty Smith

Homesmart

Insurance coverages for businesses, commercial institutions, and professional organizations, as contrasted with personal insurance.

Organization that calculates rates and develops insurance policies for its property and casualty mem ...

Horizontal wood siding commonly used on the exterior of buildings which overlap each other. ...

The angle of a roof in relation to its horizontal axis expressed as a ratio of inches (cmm) per f ...

Gold or silver coins, as compared to paper currency. Convertible currency which has wide accept ...

Decision by a court of law. ...

Death from other than accidental means. ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

An interest rate is the percentage the lender charges you for borrowing money. ...

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

Changes in the market conditions, or improvements to the property that increase the value of the pro ...

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

Jumbo mortgages are mortgages larger than the limits set by Fannie Mae and Freddie Mac. A jumbo mort ...

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