Policy Premium

1 Posts
1 Sections
1 Types

January 1, 1 6 min read Definitions

Insurance Risk Management Property Protection Policy Premium Real Estate Homeowner's Protection Hazard Insurance Title Insurance

Insurance provides protection against loss resulting from hazards such as fire and wind over a specified period. The property owner's risk is assumed by the insurer in return for the payment of a policy premium. It is a crucial element in real estate transactions and property management.