Terms starting with H

Hardware or Equipment Betterment is an insurance term that may refer to the process of improving the quality of a piece of hardware or equipment beyond its original state. It...

A hold harmless or indemnity agreement is a legal contract frequently employed in the insurance and business sectors. The definition of a hold harmless agreement refers to a contractual arrangement...

Like most markets, the insurance market is cyclical, and a hard market is the upswing of this cycle. Insurance premiums often increase, capacity decreases, and coverage terms are restricted. Insurers...

Also referred to as "Business Property Insurance" or "Commercial Property Insurance." Business property insurance works similarly to homeowner's hazard insurance. It covers structural damage from theft, fire, wind, power outages,...

HNOA coverage is designed for a company that does not have any vehicles owned or titled to the company. People covered under HNOA would be owners, employees, partners, members, and...