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.

Study of buying habits of consumers to determine their insurance needs. ...

Removing a debt by making full payment. A mortgage discharge is a document formally specifying that ...

Organization that develops and administers educational materials and examinations for the life insur ...

A facility offered by some lenders to mortgage brokers where de jure the brokers become employees o ...

Will written totally in the handwriting of that individual whose name appears on the will. ...

Descriptive of a contract that may be annulled by a party to it due to some illegality, incompetence ...

The insurance company will replace it with a model as close to it as possible in the current retail ...

A conventional mortgage is a mortgage made by banks and other lending institutions that is not insur ...

A VA loan is a type of loan available to veterans and guaranteed by the Department of Veterans\' Aff ...

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

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

Homeowners insurance is an insurance policy that combines personal liability insurance and hazard in ...

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