Coinsurance


Definition of "Coinsurance"

Arrangement the insured and insurer share on a proportional payment for a loss.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Operating Lease

Regular rental of property between the lessee and lessor for a fee. An operating lease does not sati ...

Financial Considerations

Investment and savings position of an insured used in determining the amount of life insurance to pu ...

Fire Catastrophe Reinsurance

Means used by a direct fire underwriter to protect against accumulation for a fire account, as well ...

Landlocked Parcel

Same as term landlocked: Parcel of land that is totally surrounded by other land parcels not providi ...

Closing Costs

Costs associated with the purchase of property to include attorneys' fees, title recording fees, dis ...

Deviation Policy

Insurance policy that differs from the standard form. ...

Related Real Estate FAQ

What Is A Foreclosure?

A foreclosure is the legal process by which a mortgage property is seized due to default and then so ...

What Is Underwriting?

Underwriting is the process of evaluating a loan to determine whether the loan is a good risk. ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Is A Home Warranty?

A home warranty is a guarantee for certain features of a new home-for instance, the materials and wo ...

What Is A APR Loan?

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

What Is A Rate Lock?

A rate lock is a commitment issued by a lender to a homebuyer or to the mortgage broker guaranteeing ...

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

Should you Buy a Home with Cash? What is Earnest Money How is Square Footage Determined? Foreclosure - The Pros and Cons of Buying How Does The Home Loan Underwriting Process Work?

FAQ

What is a VA loan? What is a lien? What is a Multiple Listing Service (MLS)? What is a rate lock? What is a contingency?