Common High Risk Home Insurance Terms

Surcharge

An additional charge added to an insurance premium, often as a result of claims history or increased risk.

Surcharge

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