Common High Risk Home Insurance Terms

Ordinance or Law Coverage

Insurance coverage that pays for the additional cost of rebuilding a home to current building codes after it has been damaged.

Ordinance or Law Coverage

Other Insurance Industry Terms

Flood Insurance

High-Risk Homeowners Insurance

Loss of Use

Exclusion

Underwriting

FAIR Plan (Fair Access to Insurance Requirements)

Premium

Actual Cash Value

Liability Coverage

Deductible

Replacement Cost

Windstorm Insurance