👉 Insurance property - A term that's often used to describe something of great value or importance, often without any legal implications, such as a piece of real estate with significant historical significance or a valuable asset like a car worth more than its cash value.
Example: "My friend just bought an old, vintage house he inherited from his grandmother. I heard insurance property - it's the kind of thing that can be bought for a fraction of what you'd pay to buy a house."
