All about property insurance and its importance

All about property insurance and its importance

Property insurance is one of the most important types of insurance, which help to protect the property of individuals, is expected to occur, whether fire or theft and other hazards .. It is the most important information about it ..

What is property insurance?

This insurance, in which the property is the subject of insurance, and most importantly, "fire insurance risk insurance from shipping hazards (flooding, fire, collision damage), as well as insurance of aviation risks (damage to or loss of the aircraft), protected from the dangers motor vehicle (collision, fire damage), protected from the risk of theft

What types of property insurance?

Insurance is divided into property on fire insurance, engineering insurance, motor insurance, marine insurance, energy security and aviation insurance

Which includes property insurance?

It includes a specific property insurance is limited to the insurance fire and theft and only insurance company to keep track of a list of missing persons and cause damage, but does not include flood insurance or from damage caused by terrorism or war.

As the cost of insurance payment on the property?

The maximum value of insurance coverage on the basis of the insured value of the property and the value of its contents is estimated that in addition to the benefit of responsibility towards others and employees, as well as the cost of additional costs to find alternative accommodation in the event of damage to the insured housing. Compensation is based on repair or replacement or cash compensation.

That the importance of property insurance?

The importance of insurance on the property due to the expected to occur on the properties of the protection and the content of dangerous tools