Masonry Noncombustible Construction
Buildings constructed from noncombustible materials
Coverage to pay a person´s necessary medical expenses when they are injured on your property, whether you are responsible for the injury or not.
Covers the medical expenses of someone who becomes injured on your property, or injured by you or a family member.
Mobile Home Insurance
A homeowner policy for a permanently situated mobile home.
Modified Fire-Resistive Construction
Building construction featuring exterior walls, floors and roofs made of fire-resistant materials.
Life insurance that pays the balance of a mortgage if the insured becomes, injured, ill or dies.
A clause that makes a claim jointly payable to the policyholder and the party that holds the mortgage on the property.
The person to whom property is mortgaged
The debtor who receives money and in turn grants a mortgage on his or her property.
Causes of loss specifically provided for in the insurance policy.
National Flood Insurance Program (NFIP)
Federal program providing flood insurance for fixed property.
A policy that the insurer does not allow to continue after its expiration date.
An accident or loss that results in bodily injury or property damage.
A clause extending coverage to losses that occur when an insured is away from home.
Ordinance (or Law Exclusion)
A property coverage exclusion that states there is no coverage for loss or damage that occurs as a direct result of the enforcement of any law or ordinance.
Structures such as a garage or tool shed, that are separated from an insured dwelling by a clear space.
Permanently installed structures located on your property but not physically attached to your home.
Information from Deschutes Insurance