Fire is covered under a standard homeowners policy.

Risk covered under fire insurance policy. If the fire is due to any heating or drying process then such fire is not. But if you have paid the premium for a Comprehensive Cover then such instances shall be covered. The common perils which are covered under fire insurance policies include the following Fire explosion or implosion.

There are exceptions to this as with anything. Here are the risks covered under a fire insurance policy. Fire insurance is a type of insurance coverage that is typically included in your homeowners insurance policy and covers the costs of damages to your property due to a fire.

In the event of a fire loss covered under the fire insurance policy the Insured shall immediately give notice there of to the insurance company. However it does not cover for destruction or damages caused to the property insured by own fermentation natural heating spontaneous combustion. The fire insurance policy offers cover against an unexpected loss or damage to property due to fire or other risks covered under the policy agreement.

Within 15 days of the occurrence of such loss the Insured should submit a claim in writing giving the details of damages and their estimated values. There is no one policy to protect you overall. The fire insurance policy covering a wide array of inclusions and hence renamed as standard fire and special perils policy covers the below-mentioned risks- Fire.

Fire insurance plans not only cover losses suffered by fire but also losses suffered by other perils. The policy delivers cover against any kind of damage caused due to a fire-related accident. For example if you own a basic Third-party Liability Car Insurance policy then it will not cover the damage.

Destruction or damage caused to the insured property due to natural heating fermentation or spontaneous combustion or when it is undergoing any heating or drying process cant be treated under damage to fire. But most people will breathe a sigh of relief to know they will not have to pay for their home to be repaired or rebuilt or for their belongings to be replaced. The policy provides cover against any kind of damage caused due to a fire related accident.