Definitions
There is 1 meaning of the phrase
Hazard Insurance.
Hazard Insurance - as a noun
Insurance that provides protection against certain risks such as storms or fires
Example Sentences
"Homeowners are usually required to carry hazard insurance as part of their mortgage agreement."
"The cost of hazard insurance is typically included in the monthly mortgage payment."
"During the home-buying process, the lender may ask for proof of hazard insurance."
"It is important to review the specific coverage limits of your hazard insurance policy."
"In some areas prone to flooding, homeowners may need to purchase additional flood hazard insurance."
