insurance

What is hazard insurance?

 

What is hazard insurance?

The Bankrate.com financial term of the day is: "hazard insurance."
Home insurance is sometimes referred to by another name that's more of a grabber: hazard insurance.  A homeowners policy will cover damage from natural hazards such as fire, lightning or hail. However, floods and earthquakes are two hazards that require separate, special coverage.

Life isn't always blue sky and sunshine. For these reasons, home insurance is often called hazard insurance.

To get a quote on a new insurance plan, visit the Insurance section at Bankrate.com.

advertisement

Show Bankrate's community sharing policy
          Connect with us
advertisement
 

A little research could save you BIG on interest.

Don't have time? Our rate-tracker tool saves you time and money. Delivered Thursdays.
 
advertisement
Partner Center
advertisement

Blog

Tara Baukus Mello

Chrysler recall for car ignition fix

The Chrysler Group has announced a recall of 349,442 cars for a potential problem that can cause the ignition key to become stuck or inadvertently move.  ... Read more


Connect with us