homeowner's insurance policy

homeowner's insurance policy
An insurance policy protecting a homeowner against damage or loss to property. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Named Perils Insurance Policy — A home insurance policy that only provides coverage on losses incurred to your property from hazards or events named on the policy. Named peril policies may be purchased as a less expensive alternative to a comprehensive coverage or broad… …   Investment dictionary

  • Insurance — This article is about risk management. For Insurance (blackjack), see Blackjack. For Insurance run (baseball), see Insurance run. In law and economics, insurance is a form of risk management primarily used to hedge against the risk of a… …   Wikipedia

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  • homeowner's policy — Insurance. a form of home insurance that provides compensation for damage, loss, or injury of property, personal belongings, or persons due to fire, theft, accidents, etc. Also called homeowner s insurance. * * * …   Universalium

  • homeowner's policy — Insurance. a form of home insurance that provides compensation for damage, loss, or injury of property, personal belongings, or persons due to fire, theft, accidents, etc. Also called homeowner s insurance …   Useful english dictionary

  • insurance — /in shoor euhns, sherr /, n. 1. the act, system, or business of insuring property, life, one s person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a… …   Universalium

  • insurance — Guarding against property loss or damage making payments in the form of premiums to an insurance company, which pays an agreed upon sum to the insured in the event of loss. Bloomberg Financial Dictionary * * * insurance in‧sur‧ance [ɪnˈʆʊərəns ǁ… …   Financial and business terms

  • policy — I n. plan principle 1) to adopt, establish, formulate, set a policy 2) to adhere to, follow, pursue; carry out, implement a policy 3) to form, shape a policy 4) a cautious; clear, clear cut; conciliatory; deliberate; established, set; firm;… …   Combinatory dictionary

  • insurance — n. 1) to provide insurance for 2) to sell, write; underwrite insurance 3) to carry; take out insurance (our firm carries fire insurance) 4) to cancel; renew insurance 5) accident; automobile (AE), motor (BE), motor car (BE); collision;… …   Combinatory dictionary

  • Insurance Proceeds — The benefit proceeds paid out by any type of insurance policy as a result of a claim. Insurance proceeds are paid out once a claim has been verified, and financially indemnify the insured for a loss that is covered under the policy. Insurance… …   Investment dictionary

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