Property Insurance

[Harry]

Hai,

I am Harry.

Property Insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main ways - open perils and named perils. Open perils cover all the causes of loss not specifically excluded in the policy. Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism and war. Named perils require the actual cause of loss to be listed in the policy for insurance to be provided. The more common named perils include such damage causing events as fire, lightning, explosion and theft.

[cashing_in]

Hi.

I need some information on condominium insurance can u throw some light on it.

[Insurance_Exper]

Hi, I certainly agree with you. Your advice is really very helpful for us.
Thanks a lot!

[maxjlone]

Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance or boiler insurance. Property is insured in two main ways - open perils and named perils.Common exclusions on open peril policies include damage resulting from earthquakes, floods, nuclear incidents, acts of terrorism and war.
Property insurance safeguards your financial future if certain damages occur to your property or a third party files a negligence suit for damages suffered on your property. Property insurance will reimburse you for damages due to fire, theft and unforeseen calamities, as well as situations that are specified in your policy. This policy will also compensate for accommodation and restaurant meals while your home is being repaired.
You can protect your property against the most likely causes of loss by choosing the right property insurance cover.

[ricky028]

Many thanks for sharing your views about the benefits of property insurance. Certainly this insurance can provide you coverage for any kind of damage that occurs to your property.

[moore.davidv11]

The amount of insurance coverage according to the person's need can depend upon various factors like the number of dependent in the family, the life-style of the family, expenses of children's education and many more.