hazard insurance
A type of insurance, found for example in homeowners' and business policies, that protects against physical damage to the property caused by unexpected and sudden events such as fires, storms, and vandalism.
Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances
Category: Business Cash Flow Problems & Bankruptcy
Category: Business, LLCs & Corporations → Business Tax & Deductions
Category: Business, LLCs & Corporations → Self-Employed Consultants & Contractors
Category: Personal Finance & Retirement → Taxes → Tax Audits
Category: Real Estate & Rental Property → Buying a House
Category: Real Estate & Rental Property → Homeowners

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • Hazard Insurance — Insurance that protects a property owner against damage caused by fires, severe storms, earthquakes or other natural events. As long as the specific event is covered within the policy, the property owner will receive compensation to cover the… …   Investment dictionary

  • hazard insurance — Insurance covering losses incurred by an insured as a result of damage, destruction, or loss of property. Mainly, but not entirely, insurance against fire and lightning damage. Insurance other than life or liability insurance. American Banker… …   Financial and business terms

  • hazard insurance — noun insurance that provides protection against certain risks such as storms or fires • Hypernyms: ↑insurance …   Useful english 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

  • hazard — haz‧ard [ˈhæzəd ǁ ərd] noun [countable] something that may be dangerous, cause problems, accidents etc: • There may be other workplaces with similar fire hazards. • We want to take waste away from places where it poses a health hazard. • The… …   Financial and business terms

  • hazard — haz·ard / ha zərd/ n: a condition that tends to create or increase the possibility of loss used esp. in insurance law Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. hazard …   Law 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

  • hazard — A risk or peril, assumed or involved, whether in connection with contract relation, employment, personal relation, sport or gambling. A danger or risk lurking in a situation which by change or fortuity develops into an active agency of harm.… …   Black's law dictionary

  • hazard — A risk or peril, assumed or involved, whether in connection with contract relation, employment, personal relation, sport or gambling. A danger or risk lurking in a situation which by change or fortuity develops into an active agency of harm.… …   Black's law dictionary

  • Insurance Linked Securities — Dieser Artikel wurde aufgrund inhaltlicher und/oder formaler Mängel auf der Qualitätssicherungsseite des Portals Wirtschaft eingetragen. Du kannst helfen, indem Du die dort genannten Mängel beseitigst oder Dich an der Diskussion beteiligst. Mit… …   Deutsch Wikipedia

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