Property Insurance
Thursday, March 6, 2008 | | |This tornado damage to a house Illinois would be regarded as an "act of God" for insurance purposes
This tornado damage to a house Illinois would be regarded as an "act of God" for insurance purposes
Property insurance provides protection against risks to property, such as fire, theft or damage climate. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, marine insurance domestic or boiler insurance.
* Car insurance, known in the UK as motor insurance, is probably the most common form of insurance and May cover both legal liability against the driver and loss or damage suffered by the assured of the vehicle itself. Throughout the USA auto insurance is required by law to drive a motor vehicle on public roads. In some countries, compensation for injuries to the victims of car accidents has been changed to a no-fault, which reduces or eliminates the possibility to sue for compensation, but provides for automatic eligibility for benefits. Companies credit cards ensure against damage on car rentals.
o Driving School offers insurance coverage for any driver authorized under any education courses, contrary to cover also other policies engine provides coverage for liability instructor where students and instructors are to conduct both also responsible in the event of a disaster.
* Assure aviation insurance against the hull, spare parts, frankly, wear hull and liability risks.
* Boiler insurance (also known as boiler and machinery insurance or equipment breakdown insurance) ensure against accidental physical damage to equipment or machinery.
* Manufacturer of insurance against risks ensures against the risk of physical loss or damage to property during construction. Builder's risk insurance is usually written on an "all risks" cover damages due to any cause (including negligence of the insured) not expressly excluded.
* Crop insurance "Farmers use crop insurance to reduce or manage the risks associated with different culture. These risks include crop loss or damage caused by weather, hail, drought, frost, insects or disease, for example. " [8]
* Earthquake insurance is a form of property insurance to pay the policyholder in case of an earthquake which causes damage to property. Most homeowners insurance policies do not cover damage caused by earthquakes. Most insurance policies earthquake have a franchise high. Rates depend on the venue and the probability of an earthquake, and construction of the house.
* A bond of loyalty is a form of insurance that covers policyholders for losses they incur as a result of fraudulent acts by individuals. It generally ensures a company for losses caused by dishonest acts of its employees.
* Flood insurance protects against loss of property due to flooding. Many insurers in the USA do not provide flood insurance in some parts of the country. In response, the federal government created the National Flood Insurance Program, which serves as the insurer of last resort.
* The insurance or insurance: See "Insurance".
* Marine insurance and marine cargo insurance cover loss or damage of ships at sea or on inland waterways, and the cargo on May. When the cargo owner and the carrier are corporations, marine cargo insurance typically compensates the owner of the cargo for losses incurred by fire, shipwreck, etc., but excludes losses can be recovered from the carrier or the insurance carrier. Many marine insurance underwriters will include "time factor" in these policies, which extends compensation to cover the shortfall and other expenses attributable to the delay caused by a covered loss.
* Deposit insurance is an insurance liability guarantee the three main performance.
* Terrorism insurance provides protection against any loss or damage caused by terrorist activities.
* Volcano insurance is insurance that covers damage volcano in Hawaii.
* Windstorm Insurance is an insurance policy covering damage caused by hurricanes and tropical cyclones.
This tornado damage to a house Illinois would be regarded as an "act of God" for insurance purposes
Property insurance provides protection against risks to property, such as fire, theft or damage climate. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, marine insurance domestic or boiler insurance.
* Car insurance, known in the UK as motor insurance, is probably the most common form of insurance and May cover both legal liability against the driver and loss or damage suffered by the assured of the vehicle itself. Throughout the USA auto insurance is required by law to drive a motor vehicle on public roads. In some countries, compensation for injuries to the victims of car accidents has been changed to a no-fault, which reduces or eliminates the possibility to sue for compensation, but provides for automatic eligibility for benefits. Companies credit cards ensure against damage on car rentals.
o Driving School offers insurance coverage for any driver authorized under any education courses, contrary to cover also other policies engine provides coverage for liability instructor where students and instructors are to conduct both also responsible in the event of a disaster.
* Assure aviation insurance against the hull, spare parts, frankly, wear hull and liability risks.
* Boiler insurance (also known as boiler and machinery insurance or equipment breakdown insurance) ensure against accidental physical damage to equipment or machinery.
* Manufacturer of insurance against risks ensures against the risk of physical loss or damage to property during construction. Builder's risk insurance is usually written on an "all risks" cover damages due to any cause (including negligence of the insured) not expressly excluded.
* Crop insurance "Farmers use crop insurance to reduce or manage the risks associated with different culture. These risks include crop loss or damage caused by weather, hail, drought, frost, insects or disease, for example. " [8]
* Earthquake insurance is a form of property insurance to pay the policyholder in case of an earthquake which causes damage to property. Most homeowners insurance policies do not cover damage caused by earthquakes. Most insurance policies earthquake have a franchise high. Rates depend on the venue and the probability of an earthquake, and construction of the house.
* A bond of loyalty is a form of insurance that covers policyholders for losses they incur as a result of fraudulent acts by individuals. It generally ensures a company for losses caused by dishonest acts of its employees.
* Flood insurance protects against loss of property due to flooding. Many insurers in the USA do not provide flood insurance in some parts of the country. In response, the federal government created the National Flood Insurance Program, which serves as the insurer of last resort.
* The insurance or insurance: See "Insurance".
* Marine insurance and marine cargo insurance cover loss or damage of ships at sea or on inland waterways, and the cargo on May. When the cargo owner and the carrier are corporations, marine cargo insurance typically compensates the owner of the cargo for losses incurred by fire, shipwreck, etc., but excludes losses can be recovered from the carrier or the insurance carrier. Many marine insurance underwriters will include "time factor" in these policies, which extends compensation to cover the shortfall and other expenses attributable to the delay caused by a covered loss.
* Deposit insurance is an insurance liability guarantee the three main performance.
* Terrorism insurance provides protection against any loss or damage caused by terrorist activities.
* Volcano insurance is insurance that covers damage volcano in Hawaii.
* Windstorm Insurance is an insurance policy covering damage caused by hurricanes and tropical cyclones.
I am not completely aware about what property insurance is meant for and how it actually works. This policy is explained so well in the above article that after reading it I got to know about it. Thanks for sharing this useful information.
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