Insurance coverage that compensates for physical damage to a property from natural disasters such as fire or other hazards. Depending where a piece of property is located, lenders may also require flood insurance or policies covering windstorms (hurricanes) or earthquakes.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). hazard insurance. Retrieved September 30, 2026, from http://smartdefine.org/hazard_insurance/definitions/1155312 |
| Chicago | Barry Goldsmith. 2010. "hazard insurance" http://smartdefine.org/hazard_insurance/definitions/1155312 (accessed September 30, 2026). |
| Harvard | Barry Goldsmith 2010, hazard insurance, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/hazard_insurance/definitions/1155312>. |
| MLA | Barry Goldsmith. "hazard insurance" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/hazard_insurance/definitions/1155312> |