Physical Damage Insurance | Real Estate Glossary

Definition of "Physical damage insurance"

Beth Christo

RE/MAX Realty Unlimited

Insurance coverage for any risk that can cause physical damage to the insured item.

Same as term: generally accepted accounting principles (GAAP): ...

Estate under the legal and administrative guidance of both the surety and the fiduciary. Any actions ...

Financial instruments whose principal and income are not established in advance according to contrac ...

Rate of return after income taxes that a real estate investor can keep out of current income and cap ...

A biweekly mortgage on which biweekly payments are applied to the balance every two weeks, rather t ...

Mortar or concrete which is pumped or 'shot' through a hose at high velocity onto a surface. ...

Paid advertorials are articles written by public relations professionals that have just one goal in ...

A mortgage banker is a company that originates mortgages and sells them to a secondary market. ...

Every person has a different idea of what financial security means. If so, should happen to you, how ...

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

Hazard insurance is insurance coverage that compensates for physical damage to a property from natur ...

A down payment is the money you pay up front for the purchase of a home. ...

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