- water damage insurance
- Insurance on property against loss or damage by rain, flood, or other accumulation of water from natural causes. 29A Am J Rev ed Ins § 1332.
Ballentine's law dictionary. Anderson, W.S.. 1998.
water damage insurance
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Water Damage Insurance — A type of protection provided in most homeowners insurance policies against sudden and accidental water damage. Water damage insurance does not cover damage resulting from homeowner s negligence or failure to maintain home repairs. Moreover,… … Investment dictionary
water damage insurance — noun : insurance against loss that is due to direct damage by rain or leakage of plumbing but not by flood … Useful english dictionary
Water damage restoration — is the process of restoring a property back to pre loss condition after sustaining any level of water damage. While there are currently no government regulations in the United States dictating procedures, two large certifying bodies, the IICRC… … Wikipedia
Water Damage Legal Liability Insurance — A policy that provides financial protection to a person or business that unintentionally causes water damage to the property of another. Water damage legal liability insurance is not included in all policies, so the insured should read his or her … Investment dictionary
Water Damage Clause — A clause in a property casualty insurance contract. A water damage clause states that the insured is covered for water damage that occurs for specific reasons, such as frozen pipes or sewer backup. Water damage clauses are therefore usually… … Investment dictionary
Water Quality Insurance Syndicate - WQIS — An American company that provides water pollution liability insurance for marine vessels. The Water Quality Insurance Syndicate (WQIS) provides coverage for marine cargo, vessels, tugboats, barges, fishing boats, ferries, yachts and more.… … Investment dictionary
Water Exclusion Clause — A restriction in a homeowner’s or renter’s insurance policy that denies coverage for certain water related claims. Types of water damage that are likely to fall under a water exclusion clause include damage caused by flood, tsunami,… … Investment dictionary
damage — ▪ I. damage dam‧age 1 [ˈdæmɪdʒ] noun 1. [uncountable] a bad effect on something that makes it weaker or less successful: damage to • The result of this policy will be severe damage to the British economy. 2. [uncountable] physical harm caused to… … Financial and business terms
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 — 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
