!Fire~Insurance~Policy !

Fire insurance policy in the period of the contract, the insured caused by fire in a certain amount of estimated equivalent to an insurance loss is involved agrees. Based on the principle of compensation subject to change. One can not insure the property against all risks of fire which is the insurer must make sure about the type of risks covered.

(What is the amount of coverage a fire insurance policy?)

Fire insurance provides protection for the estimated value of the physical house. However, the same, as well as a series of exclusions to pay medical bills, loss of life and human pet, loss of personal items, for housing, landscape and the cost of damages (including garages and gazebos ) Property outside the framework of the time. These things may be extended under a property insurance package.

(What are the main types of insurance policies fire?)

Specific policy: the real value of the property is less than the insurer agrees to pay a fixed amount. In principle to determine the actual value of the property is not considered compensation. Some require the insured to bear the loss, which is the middle section, this policy does not play a role. The case of the insurer, the policy is known as the policy of the media.

 Comprehensive policy: This first all-in-one fire, burglary, theft and liability for any damages arising indemnifies risk. Holder are closed for business until the fire can cause to pay for lost profits.

Valued Policy: This policy is a deviation compensation contract. The amount of compensation is fixed and the actual damage is not taken into consideration.

 Floating policy. This issues 'average clause' policy The amount of coverage and the premium under the same contract holder expands belonging to different characteristics Products can also provide protection to keep the policy in two different stores..

 Replace or reset Policy: This policy requires the insurance company to pay for the replacement of the damaged property, restoring. So, instead of giving cash, the insurer can restore the property as an alternative option.

(Why do you need a sure fire?)

Disaster can strike at any time, because the fire insurance is important. To stress the importance of fire insurance, etc. Some of the information included in the back of a fire, for example, the dismissal of many factors, natural material, faulty wiring, can be:

Maximum number of deaths from natural disasters in the United States contributed to the fire.

Eight out of ten fire deaths are home.

A home fire is performed after every 77 seconds.

Unattended cooking is the main reason for a residential fire.

More information about the fire insurance policy.