Industrial Insured Carrier


Definition of "Industrial insured carrier"

Insurance company that sells property and casualty insurance only to industrial insureds. These companies are separately licensed and separately capitalized to market insurance to cover the risks of industrial insureds.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Effective Age

How old and item is, such as a home, based on its condition. This differs from chronological age whi ...

Zoning Laws

Local government ordinances governing real estate development including structural and design aspect ...

Nonalienation Clause

A clause in a document forbidding an individual from selling or transferring the subject property to ...

Portfolio Reinsurance

Coverage in which an insurance company's portfolio is ceded to a re insurer who re insures a given p ...

Attachment Point

Critical point in the total amount of claims paid above which the excess insurance policy pays a per ...

Claim Agent

Person who has been authorized by the insurance company to pay a loss (s) incurred by the insured. ...

Related Real Estate FAQ

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

What Is Commission?

The fee an agent earns for the sale of a home-usually a percentage of the selling price. ...

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

What Is An Origination Fee?

An origination fee is a fee paid to a lender for processing a loan application. ...

What Is A Subprime Mortgage?

A subprime mortgage is a mortgage granted to a borrower who is considered subprime-that is, a person ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

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

Short Sale Homes Tax Breaks for the First Time Home Buyer Rent or Buy - the pros and cons 7 Tips for a First Time Homebuyer 10 Tips for Homebuyers

FAQ

What Will My ARM Loan Payment Be ? What is a mortgagor? What do I need to know about Whole Life Insurance? What is a seller takeback? What is a mortgage insurance premium (MIP)?