Liability Loss Exposure in Insurance

The possibility that a person or business will sustain a loss from a claim made against them stating they are legally responsible for injuries or damages sustained.

Related Glossary

Guarantor

A guarantor is someone who agrees to pay the rent and any other associated costs if the tenant is unable to do so.

Annual Return

Annual return measures how much money, or profit, is made on a property as a percentage of the cost of that investment.

Landlord Insurance Glossary Index

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