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• insurance that is generally required under mortgage contracts to pay for loss or damage to a person’s home or property.

  Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program - Cite This Source - This Definition
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  Cite Definition for Hazard Insurance

  American Psychological Association (APA)

  Hazard Insurance. (n.d.). Making Home Affordable Glossary. Retrieved February 4, 2023, from website: http://www.expertglossary.com/definition/hazard-insurance.

  Chicago Manual of Style (CMS)

  Hazard Insurance. www.makinghomeaffordable.gov. Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. http://www.expertglossary.com/definition/hazard-insurance (accessed: February 4, 2023).

  Modern Language Association (MLA)

  "Hazard Insurance." Making Home Affordable Glossary. Departments of the Treasury & Housing and Urban Development, Making Home Affordable Program. 4 February. 2023 http://www.expertglossary.com/definition/hazard-insurance.

• Browse Related Terms: First Mortgage, Guarantee, Hazard Insurance, Lender-Placed Insurance, Lien, mortgage, Mortgage Insurance (MI), second mortgage, Suspension

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