Real Estate Glossary | What is Hazard Insurance??

Q: What is Hazard Insurance?

Hazard insurance is a type of insurance that is intended to protect homeowners from financial loss due to damage to their property caused by natural hazards such as fire, wind, or hail. It is usually required by lenders as a condition of obtaining a mortgage, and typically covers the cost of repairing or rebuilding the home in the event of a covered loss.

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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