What is hazard insurance?

"I’ve heard the term “hazard insurance” when people are discussing home insurance. What is it?

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Answer
“Hazard insurance is that portion of your homeowners policy that specifically insures the structure of the home itself. This is the section of the policy that a lender or mortgage company will often refer to because it protects their interest in the property. “
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Shannon Martin
Answered on Apr 14, 2021
Shannon is an expert in personal lines liability insurance with 13 + years of insurance industry experience. She also served as a special insurance liaison to AARP members for 6 of those years. She is a graduate of UL Lafayette and currently resides in NY with her family. Shannon is also an amateur juggler, ukulele player, and is a time travel paradox theory enthusiast.
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