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Insurance, Explained
Insurance should be easy to understand and accessible to everyone. That's why we created this insurance dictionary highlighting the terms you need to know, in plain English ✌️
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Named Perils
Deductible
Claim
Personal Liability
Replacement Cost
A
Actual Cash Value
Additional Insured
Adjuster
Annual Percentage Rate
B
Balloon Payments
Balthazar
Beneficiary
Blanket Insurance
Bodily Injury
Broker Fee
Buried Utility Coverage
C
Cat Insurance
Cat Person
Cherry Eye
Claim
Closed Mortgage
Closing Costs
Co-insurance
Co-op Insurance
Condo Insurance
Contents Insurance
Contingent Beneficiary
Coverage
Credit Life Insurance
D
Date of Issue
Death Benefit
Declarations Page
Deductible
Deed of Trust
Discount points
Dog Insurance
Doomscrolling
Due-on-Sale Clause
Dwelling Coverage
E
Effective Date
Endorsement
Equipment Breakdown Coverage
Escrow
Exclusion
F
Fire Insurance
Flood Insurance
Foster Fail
Fur Fam
G
Grace Period
H
Hazard Insurance
HO4 Insurance
HO5 Policy
HO6 Insurance
HOA Fees
Home Appraisals
Home Inspection
Home Loan
Home Warranty
Homeowner Insurance Binder
Homeowners Association
Homeowners Insurance
I
Insurable Interest
Insurance Nerd
Insured
Insurer
Interested Party
Irrevocable Beneficiary
J
Jewelry Appraisal
L
Landlord Insurance
Life Insurance
Limit of Liability
Loan Estimate
Loan Principal
Loan-to-Value Ratio
Loss Assessment Coverage
Loss of Use
M
Moral Hazard
Mortgage Lock
N
Named Insured
Named Perils
Negligence
No Exam Life Insurance
O
Occurrence
Open Perils
Other Structures
P
Permanent Life Insurance
Personal Liability
Personal Property
Pet Diagnostics
Pet Health Conditions
Pet Medical Records
Policy
Policyholder
Pre-Existing Condition
Premium
Preventative Care
Private Mortgage Insurance
Proof of Insurance
Property and Casualty Insurance
Q
Quote
R
Real Property
Reconstruction Cost Estimate (RCE)
Recoverable Depreciation
Replacement Cost
Right of First Refusal
S
Schedule
Security Deposit
SOAP Notes
Subrogation
Swimming Pool Coverage
T
Term
Theft
Title Insurance
Types of Homeowners Insurance
U
Underwriting
Uninsurable Peril
V
Vandalism
W
Waiting Periods
Whole Life Insurance
Windstorm
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