What does Slabbed mean? Read on to discover the definition & meaning of the term Slabbed - to help you better understand the language used in insurance policies.
A term arising out of Hurricane Katrina claims, meaning near complete destruction of a structure and elimination of the remains from its location. Thus, a "slabbed" home is one that is wiped away, down to its flat, concrete foundation, due to a catastrophic event such as a hurricane or tornado.
We hope the you have a better understanding of the meaning of Slabbed.