Primary Insurance

Primary insurance refers to a coverage that takes priority when more than one policy or coverage bears on the same loss.

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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