Real Estate Glossary

What is Insurance?

A contract between an individual or organization and an insurance company that protects them from financial loss in the event of a specified incident, such as an accident, theft, or damage to property. In the context of real estate, insurance is often required by lenders to protect their investment in a property and can also be used by buyers to protect their home. Types of insurance that may be related to real estate include homeowners insurance, title insurance, flood insurance, and more.

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Beycome Family of Companies: Beycome Mortgage LLC provides home loans; Beycome Brokerage Realty LLC, Beycome Brokerage Realty Inc., and Beycome of Florida LLC provide real estate services; Beycome Title of Florida LLC provides title insurance services. These are separate entities under Beycome Corp., each governed by its own management as required by law, but all owned by the same individuals, forming a business relationship.
Beycome Corp. holds real estate brokerage licenses in Multiple States: Beycome of Florida LLC is licensed in FL. Beycome Brokerage Realty Inc is licensed in CA. Beycome of Connecticut in CT. Beycome Brokerage Realty LLC is licensed in AL, GA, IL, IN, MI, MN, NC, SC, TN and TX.
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