Line Limit


Definition of "Line limit"

Maximum amount of a specified type of insurance coverage, according to underwriting guidelines, that an insurance company feels it can safely underwrite on a particular exposure without having to acquire reinsurance for that exposure.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Approximate Compound Yield

Measure of the annualized compound growth of a real estate investment. ...

Lost-instrument Bond

Indemnification bond under which a stock certificate holder who loses the original certificate will ...

Trade Name

Word, or group of words, that identifies a business or one of its products. The name is registered w ...

Elizabethan Style

English architecture. This style has two levels with the second level typically overlaying the first ...

Market Area

Regional area from which a particular product or service can expect its greatest demand. For example ...

Dram Shop Liability Insurance

Coverage for dispensers of alcoholic beverages against suits arising out of bodily injury and/or pro ...

Related Real Estate FAQ

Do I Need Flood Insurance?

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you ...

What Are The Benefits Of Liability Insurance?

General Liability Coverage includes: Bodily Injury Liability Coverage: Help protect you in case ...

What Are Discount Points?

Discount points are a type of point paid by the borrower to reduce the interest rate. ...

What Is A Buildable Acre?

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

What Are Basis Points?

Basic points relates to changes in the interest rate for your home. ...

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

How To Choose A Realtor What is the Best Time of Year to Buy a Home? What is Hazard Insurance? 5 U.S. Cities with the Best Public Transportation Foreclosure - The Pros and Cons of Buying

FAQ

What if they no longer make my specific computer? What is a Good Faith Estimate? What is joint tenancy? What is comprehensive homeowners insurance? I need Hospital Insurance in addition to my current health insurance policy?