Product Liability Insurance

Definition of "Product liability insurance"

Coverage usually provided under the commercial general liability insurance (CGL); it can also be purchased separately.

Search Real Estate Glossary

Related Real Estate Glossary terms

Weatherstriping

Additions made to a structure to protect it from damage due to inclement weather. An example is rein ...

Write-down

Reduction of part of the balance of property by charging an expense or loss account. The reason for ...

Personal Property Floater

Coverage for all personal property, regardless of location of an insured and household residents, in ...

Land Residual Technique

Technique used to estimate how the value of a parcel of land will affect its ability to support a gi ...

Bull Market

Market in which buyers dominate trading and force financial asset prices up. ...

Economic Or Use Value

Property valued according to its earnings potential. However, property insurance contracts generally ...

Related Real Estate FAQ

What Is A Balloon Mortgage?

A type of mortgage in which the loan amount is amortized over the full length of the loan (usually 3 ...

How Much Will My Principal Be?

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

What Are Closing Costs?

Closing costs are expenses incurred by buyers and sellers in transferring ownership of a property. ...

What Is A Point?

A point is equal to 1 percent of a loan amount. Lenders charge points in exchange for lowering the i ...

What Does An Appraisal Mean?

An appraisal is an estimate of the value of a certain property by a qualified, independent individua ...

What Is The Tax Benefits Of Buying A Home?

RealEstateAgent.com calculator estimates the tax benefit of buying a home. Input your loan parameter ...

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

Agents join here

Add our widget on your Website

Real Estate Advice

What is the Best Time of Year to Buy a Home? 7 Things to Consider Before Moving to a New City Why Use a Real Estate Agent? 3 tips to ensure your sale goes through What is Hazard Insurance?

FAQ

Is depreciation common? What is an escrow officer? What is a wraparound mortgage? I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What is a seller takeback?