First Party Insurance


Definition of "First party insurance"

Miriam A. Centafont
Miriam A. Centafont Keller Williams Realty

Coverage for the insured's personal and real property and the insured's own person. Contrast with third party.

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

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Securities And Exchange Commission (sec) Division Of Enforcement

One of four SEC divisions that enforces the federal securities laws in federal courts and before SEC's administrative law judges by bringing actions f ...

Vermin Exclusion

Section of some inland marine insurance {transportation insurance) and many other property insurance policies excluding coverage for damage to shipped ...

Graduated Life Table

Mortality table that reflects irregularities from age to age due to chance fluctuations in the sequence of the rates of mortality. The rates of death ...

Residence And Outside Theft Insurance

Coverage provided for the insured's personal property in the event the insured incurs a loss resulting from theft, burglary, robbery, or malicious mis ...

Business Risk

Investment risk associated with the changes in the earnings capability of the company. If the earnings capability declines, the company's ability to m ...

Loss Ratio

Relationship of incurred losses plus loss adjustment expense to earned premiums. ...

Popular Real Estate FAQ

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 ...

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 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 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 ...

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 is a front-end ratio? What are the benefits of Business Owners Insurance? What if the computer I want to insure is homemade or custom-built? What is a buyer's agent? What do I need to know about RV Insurance?