Sonic Boom Losses


Definition of "Sonic boom losses"

Catherine Lacey Cusano
  Coldwell Banker Residential Brokerage Middletown

Property damage resulting from aircraft traveling faster than the speed of sound. Although the vibrations caused by such high speed can cause damage, it is excluded on most property forms.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Surplus Release

Method of using reinsurance to counteract the unexpected impact of business on the policyholder surp ...

Hospital Liability Insurance

Form of insurance covering liability arising out of the provision or nonprovision of hospital servic ...

Credit History

History of an individual's credit financial transactions including a detailed payment analysis. The ...

Ridge Board

Material installed at the roof's edge for support. ...

Embezzlement

Theft of another's property by a person entrusted with that property. Coverage can be found under va ...

Prospective Reserve

Amount designated as a future liability for life or health insurance to meet the difference between ...

Related Real Estate FAQ

What Is A Buildable Acre?

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

How Can I Figure Out My Debt-to-income Ratio?

To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of ...

What Is Accession?

The right of a property owner to have and enjoy all of the advantages of property ownership includin ...

What Is An Easement?

An easement is the right given by the landowner to use the property. ...

What Does FSBO Mean?

FSBO means for sale by owner. ...

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. Gue ...

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 Top Five Reasons Your Home Offer was Rejected Short Sale Homes Should you Buy a Home with Cash? Rent or Buy - the pros and cons

FAQ

What is a mortgage broker? What is a gated community? What is commission? If I want to buy a house and I know the property and the seller already have an agent, can I act as my own agent and negotiate a lower fee? What does an appraisal mean?