Hazard insurance refers to a type of insurance that protects against damage or loss to your property caused by certain hazards or events like fire, storms, or theft. It helps cover the cost of repairs or replacement if these hazards occur.
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«hazard»
«insurance»
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Phrases with «hazard insurance»
Sentences with «hazard insurance»
- The mortgage payment services also include the amounts for hazard insurance premiums and property taxes, generally used to maintain the «escrow» account. (badcreditloanservices.com)
- Your local crime rates affect what you pay for hazard insurance, for example, because with more crime in the area, your potential for loss is greater. (themortgagereports.com)
- In order to get a mortgage loan for your new home, you need to have a certain amount of hazard insurance included in your home insurance coverage. (nationwide.com)
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