Commute


Definition of "Commute"

Joanne Gauthier
Joanne Gauthier Berkshire Hathaway HomeServices Woodmont Realty

Same as term Commutation Right: right of a beneficiary of a life insurance policy to exchange the future installments due that beneficiary for a lump sum distribution.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Commuted Value

Same as term Commutation Right: right of a beneficiary of a life insurance policy to exchange the future installments due that beneficiary for a lump ...

Suburban

Description of an area that is located at the outskirts of a city composed primarily of residential units. The city frequently provides employment, cu ...

Preauthorized Check Plan

Plan for the automatic payment of premiums due through drafting by the insurer of the policyowner's preauthorized bank account. Usually, the insurer d ...

Benefits Of Business Life Andhealth Insurance (key Person Insurance)

Life insurance and long-term disability income insurance on major employees, with benefits payable to the business. Key person insurance has these adv ...

Occupational Hazard

Condition surrounding a work environment that increases the probability of death, disability, or illness to a worker. This class of hazard is consider ...

Individual Insurance

Single policy under which one individual is insured. ...

Popular Real Estate FAQ

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Down Payment: Everything You Wanted to Know Luxury Real Estate Forecast Furnished Rental Tips for Real Estate Investors How to Buy a House Quickly What is a Credit Score and How Does it Impact Real Estate?

FAQ

What are the Benefits of Liability Insurance? What happens when you prequalify? What is a front-end ratio? What is an easement? What is a second mortgage?