Flat Rate Flat Schedule


Definition of "Flat rate (flat schedule)"

Helen Reece
Helen Reece Remax Executive

Rate not subsequently adjusted. The rate stays in effect regardless of an insured's subsequent loss record.

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

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Retirement Age

Age at which a pension plan participant is entitled to receive retirement benefits, or point at which retirement benefits are payable: normal retirem ...

Policy Loan

Amount that the owner of a life insurance policy can borrow at interest from the insurer, up to the cash surrender value. If interest is not paid when ...

Usufruct

Right that has a limited time in duration for an individual to receive the income generated by assets owned by another individual. ...

Excess Of Time Reinsurance

Term used in the reinsuring of disability income insurance policies in that, after an extended period of time expires (in addition to the elimination ...

Travel Accident Insurance

Special-purpose health insurance policy that covers an insured for accidents while traveling. The policy may cover the insured for one specific trip o ...

Ordinary Life—whole Life—straight Life

Three terms that are synonymous. Same as term Ordinary Life Insurance: policy that remains in full force and effect for the life of the insured, with ...

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 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 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 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 is a basic policy? What is a commitment letter? What is a foreclosure? What is a counteroffer? What is a Good Faith Estimate?