Common High Risk Home Insurance TermsPolicy PeriodThe duration for which an insurance policy provides coverage, typically one year for homeowners policies. Other Insurance Industry TermsFlood InsuranceHigh-Risk Homeowners InsuranceLoss of UseExclusionUnderwritingFAIR Plan (Fair Access to Insurance Requirements)PremiumActual Cash ValueLiability CoverageDeductibleReplacement CostWindstorm Insurance
