A package of insurance designed to provide homeowners with a broad range of property and liability coverages, pertaining to events at home as well as away from home (although not automobile-related). [MORE
A package policy for the homeowner that combines "named peril" (including theft coverage) protection on contents, coverage on the dwelling ranging from "named peril" to physical loss, additional living expense protection and personal liability insurance.
An insurance policy designed especially for homeowners. Usually protects an owner from losses by common disasters, theft, etc. Installments Parts of the same debt, payable at successive periods as agreed; payments made to reduce a mortgage. Land Contract A real estate installment sale arrangement whereby the buyer may use, occupy, and enjoy the land, but no deed is given by the seller (so no title passes) until all or a specified part of the sale price has been paid.
A multiple-peril policy commonly called a "package policy." It is available to owners of private dwellings and covers the dwelling and contents in the case of fire or wind damage, theft, liability for property damage, and personal liability.