Property Insurance
Property insurance
A policy, that provides financial reimbursement to the owner or renter of a structure and its contents in the event of damage or theft. Property insurance can include homeowners insurance, renters insurance, flood insurance and earthquake insurance. Personal property is generally covered by a homeowners or renters policy, unless it is of particularly high value, in which case it can usually be covered by purchasing an addition to the policy called a "rider". If a claim is filed, the property insurance policy will either reimburse the policyholder for the actual value of the damage, or the replacement cost to remedy the damage.
-
Fire, Lightening and Special Perils
-
Burglary and House Breaking
-
Consequential Loss (Business Interruption)
-
All Risks
-
Plate Glass
