Homeowner insurance definition

Homeowner insurance means insurance for residential property consisting of a combina-
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Homeowner insurance means insurance for residential property consisting of a combina- tion of property insurance and casualty insurance that provides coverage for the risks of owning or occupying a dwelling and that is not intended to cover an owner’s interest in rental property or commercial exposures.
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Homeowner insurance means in- surance for residential property consisting of a combination of property insurance and casualty insurance that provides coverage for the risks of owning or occupying a dwelling and that is not intended to cover an owner’s interest in rental property or commercial ex- posures.
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Examples of Homeowner insurance in a sentence

  • For Homeowner insurance: Ensure there is a Broad Form or Comprehensive Form Package for at least the amount of the Mortgage or the replacement cost of the buildings, whichever is the lesser, with loss payable to the Mortgagee.

  • Homeowner insurance coverage is in place for the full value of the home and the premium is paid up- to-date and not in arrears.

  • Insurance – Homeowner insurance is required for all buildings acquired, constructed or renovated with CDBG funds.

  • Homeowner insurance companies may refuse to insure structures within the safety zone.

  • Homeowner insurance decoration page lists the City of Plano as a mortgagee.

  • Homeowner insurance is requirement for the completion of the forms.

  • Homeowner insurance policies generally carry a “business activity exclusion.” In other words, any claim involving a “business activity” could rightfully be denied.

  • Homeowner insurance and renter insurance typically cover loss or damage to such items.

  • In addition, you and the Custodian delegate to us the power to amend all or any part of the terms of this Agreement, including the removal of the Custodian and the appointment of a successor custodian.

  • C-1[Page intentionally left blank]A Massachusetts Guide to Understanding the Insurance Policy Covering Your HomeA- The Different Parts of the Policy Homeowner insurance policies do differ in their actual structure, but usually contain basically the same components.


More Definitions of Homeowner insurance

Homeowner insurance means insurance for residential property
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Related to Homeowner insurance

  • FHA Insurance The contractual obligation of FHA respecting the insurance of an FHA Loan pursuant to the National Housing Act, as amended.

  • Property Insurance is defined in Section 6.10(a).

  • group insurance means insurance, other than creditor’s group insurance and family insurance, whereby the lives of a number of persons are insured severally under a single contract between an insurer and an employer or other person; (“assurance collective”)

  • Blanket insurance policy means a group policy covering a defined class of

  • Mortgage guaranty insurance means surety insurance under which a mortgagee or other creditor is indemnified against losses caused by the default of a debtor.

  • Company Insurance Policies has the meaning set forth in Section 3.14.

  • Fidelity Insurance means insurance coverage with respect to employee errors, omissions, dishonesty, forgery, theft, disappearance and destruction, robbery and safe burglary, property (other than money and securities) and computer fraud.

  • Credit property insurance means insurance:

  • R&W Insurance Policy means the representations and warranties insurance policy issued to Buyer in connection with the transactions contemplated hereby.

  • Casualty insurance means liability insurance.

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • Environmental Insurance Policy means, with respect to any Mortgage Loan or the related Mortgaged Property or REO Property, any insurance policy covering pollution conditions and/or other environmental conditions that is maintained from time to time in respect of such Mortgage Loan, Mortgaged Property or REO Property, as the case may be, for the benefit of, among others, the Trustee on behalf of the Certificateholders.

  • Homeowners association” or “association” means a Florida corporation responsible for the operation of a community or a mobile home subdivision in which the voting membership is made up of parcel owners or their agents, or a combination thereof, and in which membership is a mandatory condition of parcel ownership, and which is authorized to impose assessments that, if unpaid, may become a lien on the parcel. The term “homeowners’ association” does not include a community development district or other similar special taxing district created pursuant to statute.

  • Homeowner means the owner(s) of the real property for which project is taking place and is a party to the contract.

  • D&O Liability Insurance Policies means all insurance policies (including any “tail policy”) of any of the Debtors for liability of any current or former directors, managers, officers, and members.

  • Crew Insurances means insurances against crew risks which shall include but not be limited to death, sickness, repatriation, injury, shipwreck unemployment indemnity and loss of personal effects.

  • Franchise insurance means an individual insurance policy provided through a

  • Homeowners association means a person having the authority to enforce the provisions of a declaration.

  • Mortgage Insurance means insurance protecting Lender against the nonpayment of, or default on, the Loan.

  • Co-insurance means the percentage of the usual, reasonable, customary, and fair market value expense that a covered person must pay.

  • Travel Insurance means coverage for personal risks incidental to planned travel, including one or more of the following:

  • Hazard Insurance Policy means, with respect to each Contract, the policy of fire and extended coverage insurance (and federal flood insurance, if the Manufactured Home is secured by an FHA/VA Contract and such Manufactured Home is located in a federally designated special flood area) required to be maintained for the related Manufactured Home, as provided in Section 5.09, and which, as provided in said Section 5.09, may be a blanket mortgage impairment policy maintained by the Servicer in accordance with the terms and conditions of said Section 5.09.

  • Liability Insurance means compulsory professional liability errors and omissions insurance required by a governing body;

  • Medical malpractice insurance means insurance against legal liability incident to the practice and provision of a medical service other than the practice and provision of a dental service.

  • FHA Mortgage Insurance means, mortgage insurance authorized under the National Housing Act, as amended from time to time, and provided by the FHA.

  • Other Insurance means insurance available to any covered person that covers a loss to which this policy applies, other than either primary insurance or insurance specifically purchased by you to be excess of the insurance afforded by this policy.