Insurance terms: Definitions you can use
Sometimes it seems like your insurance agents is speaking another langauge. Our insurance term definitions can help.
What is an insurance quote?
Looking for an insurance quote definition? Learn the meaning of insurance quote and the difference between a quote and a policy here.
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What is an insurance endorsement?
Get the details on what insurance endorsements are and what kinds you might need.
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Ordinance or law coverage: What it is and when you need it
Meeting local laws and ordinances after an insurance event can be costly. Find out how ordinance and law coverage can help you upgrade your home after a loss.
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What is replacement cost coverage?
Insuring your home and property for their replacement cost may mean better protection. Find out more about replacement cost home insurance.
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What is an insurance binder?
Binders are enforceable contracts and can act as evidence that you have coverage.
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Hazard insurance for homeowners
The term hazard insurance is usually used to describe the part of your homeowners insurance that pays for structural repairs to your home. So technically, your dwelling coverage.
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Who is a policyholder?
Find out who a policyholder is for your homeowners insurance and whether that’s the same as the insured in this article from Kin.
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What is HO-5 insurance?
Is an HO-5 policy right for you? Find out in this article from Kin.
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What is an HO-4 policy?
An HO4 policy, also called renters insurance, is named perils coverage that protects a renter’s personal property and their personal liability. Learn more.
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What homeowners need to know about the HO-8 policy
An HO8 policy is home insurance for older buildings where the replacement costs potentially exceed the market value. It's sometimes called the modified coverage form.
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What is an insurance rider?
Insurance riders may provide additional coverage options, but they may also restrict or limit coverage. Learn more.
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The insurance underwriting process
Every policy must go through an insurance underwriting process. Find out why and what it means for your home insurance premiums here.
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Limit of liability explained
Learn what a limit of liability is, how to find your, and what it means for your homeowners insurance.
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