Property Insurance


Definition of "Property insurance"

Insurance affording protection against losses due to damage to or destruction of property or contents therein. Insurance protects assets and any future income thereon from loss, such as a fire or earthquake.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Interest Option

Use of a life insurance policy dividend by the owner of a participating policy. Here the policy divi ...

Vesting, Deferred

Specified requirements of minimum age and years of service to be met by an employee before the indiv ...

Rural-urban Fringe

Area that is located between a rural and urban area. ...

Overlapping Insurance

Coverage by at least two insurance policies providing the same coverage for the same risk. ...

Mortality Table With Projection

Mortality table whose statistics have been adjusted to show expected mortality experience. ...

Specific Stop Loss Insurance

Coverage that goes into effect when an individual's claim reaches a specific threshold selected by t ...

Related Real Estate FAQ

What Is A Private Mortgage?

Private mortgage insurance is insurance that protects mortgage lenders against default on loans by p ...

How Big Is An Acre?

An acre is an area of land equal to 43,560 square feet. For visuality purposes, an acre is most oft ...

What Is A Lease Purchase Mortgage?

A lease purchase mortgage is a financing option that allows potential homebuyers to lease a property ...

What Is A Gift Letter?

A gift letter is when an individual gives you money for a down payment as a gift, that person must w ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

What Do I Need To Know About Homeowners Insurance?

It is where you live and where your possessions are. Chances are, it\'s your asset. But more than po ...

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

Top Five Reasons Your Home Offer was Rejected Is it better to buy or sell a home first Foreclosure - The Pros and Cons of Buying Rent or Buy - the pros and cons Short Sale Homes

FAQ

What is a lien? What is a down payment? What are the Benefits of Liability Insurance? What do I need to know about Condominium Insurance? What is a seller disclosure?