Mutual Insurance Company | Insurance Glossary

Definition of "Mutual insurance company"

SHARON CROUCH

EBBY HALLIDAY, REALTORS

Company owned by its policy owners; no stock is available for purchase on the stock exchanges.

Premium paid at the time a policy goes into effect. With some policies, such as group health insuran ...

Insurance that follows an insured property. ...

Excuses raised by a defendant in a negligent suit (unintentional tort). There are three basic defens ...

Special property damage coverage purchased by an individual renting an automobile under which the re ...

Services provide to a parcel of land public utility companies, such as gas, water, electricity. ...

Subordinate lien to a previous lien. Generally attached after a previous, and therefore senior, lien ...

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

A REALTOR® is an agent or agency that belongs to the local or state board of REALTORS® and is affi ...

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

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