Rates Current as of Wednesday February 08, 2012

Insurance

A contract under which one party, the insured party, pays a fee, premium, and the other party, the insurer, agrees to pay an amount of money to the insured party in the event the insured party experiences a specific type of loss. Hazard insurance protects the homeowner and the lender against physical damage to a property from sources such as but not limited to fire, wind, or vandalism.

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