An estimate of hazard insurance, also known as homeowner’s insurance or fire insurance, to cover physical risks such as fire and wind damage. Lenders usually require coverage at least equal to the replacement value of the home.
Real Estate Glossary : Terms and Definitions
An estimate of hazard insurance, also known as homeowner’s insurance or fire insurance, to cover physical risks such as fire and wind damage. Lenders usually require coverage at least equal to the replacement value of the home.
Real Estate Dictionary · Copyright © 2012 · Privacy · XML Sitemap