Fire Insurance

Fire Insurance

Fire insurance referred to fire, refers to assets are stored in a fixed location and in a relatively static state of the subject matter insured, the insurer shall be borne by the insured property insurance accident suffered losses of a financial liability and property insurance. Fire insurance is a traditional insurance business.

 Feature
Fire insurance is a traditional insurance business, compared to other insurance business, there are the following independent features.
Insurance object exists in the land, relatively static.

Insurable risk is very broad, including natural disasters and a variety of accidents. There are many additional risks, such as additional loss of profits insurance and additional theft risk insurance, which covers most of insurable risks.
Scope
From the perspective of the insurance business sources, fire insurance is the most widely applicable scope of insurance business, a variety of businesses, organizations and departments and units can fire insurance group insurance; all urban and rural households and individuals can insure homeowners insurance.
Terms of the scope of the subject matter insured, fire insurance, insurable property include: housing and other buildings and ancillary equipment decoration; various machinery and equipment, tools, equipment, and production equipment; and management tools and consumables, raw materials, semi-finished products, In products, finished products or finished goods and special reserve goods; and various consumption information. For some big changes in the market price, it is difficult to determine the amount of insurance, risk more specific property of materials, such as antiquities, works of art, you need to go through special procedures agreed to underwriting.