Watercraft Endorsement


Definition of "Watercraft endorsement"

Tracy Bowman
  Crye-Leike Reators

Addition to the homeowners INSURANCE POLICY AND COMMERCIAL PACKAGE POLICY that provides liability and medical coverage for damages resulting from the operation of motor boats too large to qualify for insurance under homeowners and commercial package policies.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Savings And Loan Association

Financial institution that channels the savings of its depositors mostly into mortgage and home impr ...

Pension Maximization

Plan under which life insurance is substituted for retirement income. Under the plan, a married indi ...

Testimonium

Portion of a deed that states the act and date of the transfer of the property. ...

Agent's Balance

Statement showing the amount of money owed the agent by the insurance company, according to the cont ...

Midi Tail

Automatically extended reporting period of five years, during which claims may be made after a claim ...

Inflation

Increasing price levels. In inflation, a dollar today is worth more than a dollar tomorrow. Inflatio ...

Related Real Estate FAQ

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

How Much Will My Principal Be?

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

What Is A Cap?

A limit on an adjustable-rate mortgage. ...

What Is A Broker?

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

What Is Long Term Care Insurance?

Long-term care refers to a broad range of medical and personal care services designed to assist indi ...

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

What Must I Disclose When Selling My Home? Top Five Reasons Your Home Offer was Rejected How To Get A Loan with Bad Credit What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? How To Choose A Realtor

FAQ

What is hazard insurance? What is cooperative? What is a Ginnie Mae? What is an assessed value? What do I need to know about Term Life Insurance?