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New cost less accumulated depreciation to date.
Payment of benefits by an insurance policy to a policy owner (usually the insured) if a loss occurs. ...
Insurance written on the personal and real property of an individual (or individuals) to include suc ...
Amount awarded by a government when a person's property is condemned and he must move. ...
Provision in a property or liability policy stating that after a loss has been paid, the total origi ...
Types of contracts that insure building contractors for damage to property under construction. The c ...
Mistake made during the manufacturing process of a product that results in an inherent defect in the ...
If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...
A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...
Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...
A term is the length of a loan. ...
A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...
A mortgagor is the borrower. ...
