MLchartDataset catalogue

Hazard insurance

Term · Law · MLC-T-LAW-002399

A type of property insurance that protects against damage to a home or other structure from specific perils, such as fire, windstorms, hail, or vandalism. This coverage is often a requirement for mortgage lenders to protect their investment in the property. It does not cover all potential risks, such as floods or earthquakes, which require separate policies.

Table 1. Record
IdentifierMLC-T-LAW-002399
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-002399",
  "term": "Hazard insurance",
  "field": "Law",
  "definition": "A type of property insurance that protects against damage to a home or other structure from specific perils, such as fire, windstorms, hail, or vandalism. This coverage is often a requirement for mortgage lenders to protect their investment in the property. It does not cover all potential risks, such as floods or earthquakes, which require separate policies.",
  "url": "https://mlchart.com/terminology/law/hazard-insurance/"
}

Record 2,314 of 5,441 in Law terminology (MLC-0107). Request the full dataset.