Fire Insurance

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Dictionary Says

Definition of 'Fire Insurance'

Insurance that is used to cover damage to a property caused by fire. Fire insurance is a specialized form of insurance beyond property insurance, and is designed to cover the cost of replacement, reconstruction or repair beyond what is covered by the property insurance policy. Policies cover damage to the building itself, and may also cover damage to nearby structures, personal property and expenses associated with not being able to live in or use the property if it is damaged.
Investopedia Says

Investopedia explains 'Fire Insurance'

Homeowners and property owners may consider fire insurance in addition to a property insurance policy if the property contains valuable items. A best practice would be to document the property and its related contents, which makes identifying the value of items damaged or lost much easier after a fire has taken place. A fire insurance policy may contain exclusions based on the cause of the fire, such as not covering fires caused by wars.
Search results for

'Fire Insurance'

  • The History Of Insurance

    http://www.investopedia.com/articles/08/history-of-insurance.asp
    ... followed the burning of London, groups of underwriters who had dealt exclusively
    in marine insurance formed insurance companies that offered fire insurance. ...

  • The History Of Insurance In America

    http://www.investopedia.com/articles/financial-theory/08/american-insurance.asp
    ... In 1752, the Philadelphia Contributionship for the Insurance of Houses from Loss
    by Fire became the first mutual fire insurance company in America. ...

  • Exploring Advanced Insurance Contract Fundamentals

    http://www.investopedia.com/articles/pf/06/advancedcontracts.asp
    ... Therefore, when applying for fire insurance, for example, you should make sure that
    the information that you provide regarding the type of construction of your ...

  • Insurance Tips For Homeowners

    http://www.investopedia.com/articles/pf/07/homeowners_insurance.asp
    ... likely to succumb to fire or adverse weather conditions. Another thing that most
    homeowners should, but often don't, consider is the insurance costs associated ...

  • Four ETFs On Fire Right Now

    http://stocks.investopedia.com/stock-analysis/2009/Four-ETFs-On-Fire-Right-Now-KBE-JPM-BAC-CGMFX-C0827.aspx
    ... Here are four ETFs that are on fire right now. ... The SPDR KBW Insurance ETF (NYSE:KIE)
    took a nosedive at the beginning of this year, as fears grew that many ...

  • Renters' Guide: Renter's Insurance | Investopedia

    http://www.investopedia.com/university/renters-guide/renters-guide7.asp
    ... if the tenant falls asleep with a lit cigarette and causes a fire, the policy most
    likely will not cover the damages. SEE: What To Do If Your Insurance Won't ...

  • Insurance 101 For Renters

    http://www.investopedia.com/articles/younginvestors/07/rental-insurance.asp
    ... but at $20 apiece, you have a DVD collection worth $1,000 that you won't want to
    have to pay to replace in case of fire. While your insurance company probably ...

  • The Importance Of Property Insurance

    http://www.investopedia.com/articles/insurance/09/property-insurance.asp
    ... you left your charcoal grill unattended, who do you think will pay for the damage
    caused by the fire? You will. You have paid the insurance company your ...

  • 6 Types Of Insurance Coverage You Didn't Think You Needed ...

    http://financialedge.investopedia.com/financial-edge/1111/6-Types-Of-Insurance-Coverage-You-Didnt-Think-You-Needed.aspx
    ... Flood Insurance While most homeowner and renter's insurance policies protect against
    natural disasters like fire, wind damage, hail and other perils, flood ...

  • Identifying And Managing Business Risks

    http://www.investopedia.com/articles/financial-theory/09/risk-management-business.asp
    ... Fire insurance is a necessity for any business that occupies a physical space,
    whether owned outright or rented, and should be a top priority. ...

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