There are Twelve types of Property
Insurance coverage
Replacement cost coverage: Replacement cost coverage is the
type of property insurance that will always make sure that the cost of your
property assurance is being paid regardless of downfall or increasing of
currency. Replacement cost coverage is made easy so that property insurance
client, spend less money to get new same type of product that the assurance
company does not consider to pay.
Explosion Insurance: Explosion allowance coverage is a kind
of insurance policy one needs to have, this kind of a insurance is designed to
protect and cover the loss of property due to explosion.
Fire Insurance: This is a type of property allowance that
basically concentrated to damages caused by a fire. Fire assurance coverage
provides the protection for damage caused by a fire into your property.
Aircraft Insurance Coverage: Aircraft allowance coverage is
kind of insurance that deals or designed to protect your property in case the
Aircraft crush on your property.
Home Insurance: Home provision covers both property and
Liability,using single premium which covers for all risks. Home Insurance is
also known as multiple line insurance coverage, it covers private homes also
bond's various types of personal Insurance.
Theft Insurance: Theft insurance is the kind of property
coverage that covers the damage of the property due to burglary, theft etc.
Riot/Civil commotion: This is a type of property coverage
that protect or covers your property from the damage caused by the Riot. It
covers the cost caused in violent disturbance caused by four or more people in
your property. types of provision include an aspect of liability coverage. For
example, a homeowner's insurance policy will normally include liability
coverage which protects the insured in the event of a claim brought by someone
who slips and falls on the property; automobile insurance also includes an
aspect of liability provision that indemninate against the harm that a crashing
car can cause to others' lives, health, or property.
Volcanic Eruption: Volcanic Eruption is a kind of property
provision that covers your property against the explosion caused by Volcanic
Eruption.
Hail Insurance: Hail Insurance coverage is a kind of
insurance cover that protect your property against losses due from hail.
Hurricanes: Hurricanes Insured coverage is the kind of
insurance that is designed to cover or protect your property against the losses
caused by hurricane
Flood Insurance: Flood Insurance coverage is a kind of
property insurance made to cover your property from the damage caused by floods
into your property.
Earthquake Insurance : This is a kind of property allowance
that is design to cover the damage that has been caused by an earthquake to
your property. Rates differ rates are determined on the location you are
situated in. Homes made of wood have cheaper rates than Homes made of brick.
Source:[ http://homeinsuranceindia.weebly.com/home/types-of-property-insurance-coverage
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hi this is aarya thanks for the blog on home insurance or property insurance but can u give me more information about home insurance ?
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