Insurance Words Glossary - First Western Insurance

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Viewing: H (57)

Word	Definition
Habitational Insurance	Typically refers to coverage designed for commercial apartments (including high-rises), condos, mult...
Hague Rules	Maritime rules that were developed in Hague, Holland, in the early 1920s regarding the transport of ...
Hail Insurance	Insurance against hail damage to growing crops. Although hail is the basic cause of loss protected a...
Hangarkeepers Legal Liability Insurance	Protection for the aircraft hangarkeeper for losses caused by negligence in storing aircraft as a ba...
Hard Market	In the property and liability insurance business, underwriting philosophies fluctuate between period...
Hardware	The mechanical, electronic and electrical devices comprising a computer. (See Also Soft...
Harter Act	A law passed by Congress in 1893 which provides that a vessel owner is not responsible for loss o...
Hazard	A condition which may lead to a loss, such as oily rags leading to a fire. (See Moral H...
Hazardous Waste	Products or residues known or suspected to be toxic that require special care in their handling and ...
Hazardous Waste Site	1) A site that has been contaminated by hazardous waste and is subject to cleanup and EPA regulat...

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