What is the meaning of Hazard Insurance (or Homeowner's Insurance)?

Protects the insured against loss due to fire or other natural disaster in exchange for a premium paid to the insurer.

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APABarry Goldsmith. (2010). hazard insurance (or homeowner's insurance). Retrieved October 2, 2026, from http://smartdefine.org/hazard_insurance_(or_homeowner%27s_insurance)/definitions/1155313
ChicagoBarry Goldsmith. 2010. "hazard insurance (or homeowner's insurance)" http://smartdefine.org/hazard_insurance_(or_homeowner%27s_insurance)/definitions/1155313 (accessed October 2, 2026).
HarvardBarry Goldsmith 2010, hazard insurance (or homeowner's insurance), Smart Define, viewed 2 October, 2026, <http://smartdefine.org/hazard_insurance_(or_homeowner%27s_insurance)/definitions/1155313>.
MLABarry Goldsmith. "hazard insurance (or homeowner's insurance)" 21 October 2010. Web. 2 October 2026. <http://smartdefine.org/hazard_insurance_(or_homeowner%27s_insurance)/definitions/1155313>