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.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Simplified Earnings Form

Addition to a business property insurance policy to cover loss of earnings, subject to a monthly limit, in the event that property of an insured is de ...

Supplementary Coverage

In property insurance, percentages of basic coverages which may be applied to provide coverage for other real and personal property. For example, unde ...

Inflation Endorsement

Attachment to a property insurance policy that automatically adjusts its coverage according to the construction cost index in a community. This endors ...

Casualty Insurance

Coverage primarily for the liability of an individual or organization that results from negligent acts and omissions, thereby causing bodily injury an ...

Dividend Option

Methods of handling policyholder dividends. In a participating life insurance policy, dividends are paid to the policy owner according to which of the ...

Multiple Peril Insurance

Personal and business property insurance that combines in one policy several types of property insurance covering numerous perils. However, no liabili ...

Popular Real Estate FAQ

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 possessions and assets, it\'s your home and you need ...

What Is A Qualifying Ratio?

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

What Is A Title Search?

A title search is the process of reviewing court records and other records to ensure that there are no liens or claims against the property you are bu ...

What Is A Broker?

An agent who is authorized to open and run his/her own agency. All real estate offices have one principal broker. ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but doesn't own the actual walls, ceilings, or floors ...

What Is A Sales Contract?

A sales contract is the contract you draw up when you want to make an offer on a home. ...

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

4 Effective Ways to Market Real Estate to Millennials 5 U.S. Cities with the Best Public Transportation What Must I Disclose When Selling My Home? Home Prices - The Extra Costs Foreclosure - The Pros and Cons of Buying

FAQ

What is depreciation? What is a mortgage? Is depreciation common? What is a lock in? What are paid advertorials?