Windstorm Insurance — A special type of property casualty insurance that protects policyholders from property damage caused by windstorms. Windstorm insurance is usually offered in the form of a rider on a standard casualty insurance policy through the extended… … Investment dictionary
Windstorm inspection — A windstorm inspection, also referred to as a windstorm mitigation inspection or windstorm insurance inspection, is a kind of home inspection common in the coastal areas of the Southeastern United States. The purpose of a windstorm inspection is… … Wikipedia
Windstorm Hazard — The risk that a property will sustain losses due to strong winds. Windstorm insurance, or storm insurance policy or endorsement, generally covers losses resulting from excessive wind and/or hail. Most homeowner s insurance policies exclude… … 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
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 — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
insurance — A contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the insurer or underwriter; the… … Black's law dictionary
hurricane insurance — See windstorm insurance … Ballentine's law dictionary
tornado insurance — See windstorm insurance … Ballentine's law dictionary
property insurance — Insurance in which the risk is that of the loss of property, as from fire, flood, windstorm, etc A contract of insurance whereby the insurer becomes bound, for a consideration in the form of a premium or premiums, to indemnify the insured for… … Ballentine's law dictionary