Homeowners Insurance Definitions And Terms. The policy usually covers interior damage, exterior damage. This glossary of homeowner’s insurance terms is taken from the naic website.
I the act of providing compensation for a loss with the intent to restore an individual or entity to the approximate financial position prior to the loss. The policy usually covers interior damage, exterior damage. An insurance policy that provides coverage for an employer's two key exposures arising out of injuries sustained by employees.
This page provides a glossary of insurance terms and definitions that are commonly used in the insurance business.
Various versions are available depending on the type of dwelling insured and the scope of protection to be covered. Homeowners insurance can be a complicated and confusing subject. I the act of providing compensation for a loss with the intent to restore an individual or entity to the approximate financial position prior to the loss. A homeowners insurance policy details the amount of coverage for each category.