Investor Glossary-homeowner's insuranceInvestor Glossary-homeowner's insuranceInvestor Glossary-homeowner's insuranceInvestor Glossary-homeowner's insuranceInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Homeowner's Insurance

The HTML to link to this page
 

Homeowner's insurance is a type of insurance policy that indemnifies a homeowner against various losses. A homeowner's insurance policy can cover only named perils, such as hurricane, or fire, or earthquake, or all perils. In a flood prone area, for example, it may be difficult for the homeowner to get homeowner's insurance coverage against flooding. Typical homeowner's insurance coverage levels include cash value and replacement cost value for both the home and contents. Cash value is less effective homeowner's insurance. With a cash value homeowner's insurance policy, the payment on a complete loss may be insufficient to replace the home. Homeowner's insurance may include liability coverage against injury to a guest while on the premises. Factors that influence homeowner's insurance policy premiums include coverage types; losses covered; loss deductibles; and the structure's age, type, and location. Renter's insurance is similar to homeowner's insurance, but provides coverage to the tenant for possessions only.



Rate this homeowner's insurance definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, wholly-owned subsidiary, risk management, phantom income, class C shares, deferred tax, minority interest, 1031 exchange, command economy, stock market close, VIX, 144a, average price per share, cancelled check, deferred revenue, 401a, 1035 exchange, EBITDA, required rate of return, debt service coverage, option premium, current ratio, margin rate, open position, limit order, reverse mortgage, FICO score, Zero Cost Collar, covered put, ex-dividend, FTSE, real GDP, liquidity ratio, LIBOR, labor relations, balance sheet, implied volatility, Key Rate Duration, irrevocable trust, diluted share, quality assurance, retained earnings, stock split, inflation, APR, ex-dividend date, dividends payable, annual return, per diem


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use