What is fire insurance what matters are covered by fire insurance?
What is fire insurance what matters are covered by fire insurance?
Fire insurance is a type of insurance to protect your personal property such as office, shop, home, factory, and apartment buildings, from any losses or damages caused by a fire. Fire insurance is an agreement between an insurance company and the policyholder.
Which principle of insurance is more relevant under fire insurance?
Proximate cause is very important in fire insurance. The principle of proximate cause has already been discussed in detail. The insurer always takes the proximate cause while paying the claim.
What is the difference between fire insurance and homeowners insurance?
More accurately, homeowners insurance is typically the type of insurance that can help pay to repair your home in the event of a fire. Fire insurance isn’t a separate policy from your standard homeowners policy. Your home insurance is built to protect you in a number of ways from fire related damage.
