Insurance (homeowner) is a product by which a policyholder pays a company a sum, and the company promises to pay compensation if a specified undesired event occurs. Owners can buy hazard insurance that pays to repair damage from fire, hail or other calamities; earthquake, flood and hurricane insurance to pay for damage caused by those events, and other types of policies.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). Insurance (homeowner). Retrieved September 21, 2026, from http://smartdefine.org/insurance_(homeowner)/definitions/1156171 |
| Chicago | Barry Goldsmith. 2010. "Insurance (homeowner)" http://smartdefine.org/insurance_(homeowner)/definitions/1156171 (accessed September 21, 2026). |
| Harvard | Barry Goldsmith 2010, Insurance (homeowner), Smart Define, viewed 21 September, 2026, <http://smartdefine.org/insurance_(homeowner)/definitions/1156171>. |
| MLA | Barry Goldsmith. "Insurance (homeowner)" 21 October 2010. Web. 21 September 2026. <http://smartdefine.org/insurance_(homeowner)/definitions/1156171> |