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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 insurance/Home Insurance is a service that you can purchase for your Property and its contents to stay protected from risks of losses or damages that may be caused to them by any unforeseen events. Certain incidents can lead to sudden and huge expenses, which you are generally not prepared for.
Benefits of Property Insurance
There is no denying of the fact that house insurance is a must, however, there are other benefits and riders to buying such a policy that will add convince you totally. Have a look below:
Features of Property Insurance
What is not covered?
What perils are covered?
Types of Property Insurance
Standard fireplace – This covers perils the property is exposed to such as the fire, riots, flood or storm.
Allied Perils Policy – Burglary and House Breaking Insurance Policy this mainly covers burglary or theft. If any valuable contents are stolen or damaged, the policy covers you for it.