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

Group Annuity

Contract providing a monthly income benefit to members of a group of employees. A group annuity has ...

Assumption Reinsurance

Form of insurance whereby the buyer (reinsurer) assumes the entire obligation of the cedent company, ...

Injunction Bond

Type of judicial bond under which a plaintiff is held liable for damages in the event of a false inj ...

Prefabricate House

House made using standardized components that are preassembled on an assembly line in a factory rath ...

Cancellation, Flat

Cancellation of a policy according to its effective date excluding any premium charge. ...

Following Form

Written form which has precisely the same terms as the other property insurance policies covering a ...

Related Real Estate FAQ

What Is A Mortgage Banker?

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

What Is A Good Faith Estimate?

A Good Faith Estimate is when a lender must give a prospective homebuyer a written estimate of closi ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

What Is A Treasury Index?

A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mor ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Is Escrow?

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

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

How To Choose A Realtor Tax Breaks for the First Time Home Buyer How is Square Footage Determined? Rent or Buy - the pros and cons 7 Things to Consider Before Moving to a New City

FAQ

I dont know the zip code of my areas. How do I find an agent that is right for me in my area. What is an APR and what does it include? What is a default? What is a closing? I looked at a property yesterday with a REALTOR® who seems to be clueless. I am really interested in purchasing the property, though. Can I switch agents and still make the purchase?