property insurance

Definition

A type of insurance that covers damage to property, such as a home. Specific types of property insurance can cover damage from fire, flood, and earthquakes, among other risks.

Use property insurance in a sentence

We had to buy some property insurance because we were nervous that we might have some damage in the future.

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You should always have good coverage from your property insurance so that everything you have is always covered fully.

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The property insurance provided positive energy to the climate of the office after the last emergency, so now we highly valued risk averse behavior.

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