Back
Insurance Products
Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
Nullam dignissim, ante scelerisque the is euismod fermentum odio sem semper the is erat, a feugiat leo urna eget eros. Duis Aenean a imperdiet risus.
Fire insurance is a type of insurance that provides financial security for property owners, especially home and business owners, against fire and similar dangers. Functionally, fire insurance covers the repair and reconstruction costs of Losses that may occur in the insured property as a result of fire, lightning, explosion.
A fire insurance policy is offered by the insurance company for a certain premium as per an agreement. The scope and coverage limit of the policy depend on the terms of the contract. For example, some policies cover only fire damage, while others may also cover other risks such as lightning, explosion, and sometimes flood or earthquake.
The main function of fire insurance is to provide financial security to property owners. A fire or similar event is usually an unexpected event that causes major material damage. The necessary repairs and reconstruction operations after such events can create significant financial burdens for property owners. Fire insurance helps alleviate such financial burdens.
When damage occurs, the insured person usually notifies the insurance company. The insurance company then sends an expert to inspect the damage. The appraiser evaluates the damage and determines how much should be paid to rebuild or repair the property.
Fire insurance coverage is a very wide type of insurance. In addition to buildings, residences and workplaces, places such as coal cellars, water tanks, outbuildings and garages outside the building are also covered by fire insurance. In addition, parts of the building that are not integral to the building, such as elevators, escalators, TV antennas and installations located on or inside the building, can also be included in fire insurance coverage. In addition to the main coverages in fire insurance policies, the scope of fire insurance can be expanded with earthquake and additional coverages that can be selected according to the requests and needs of the insured. Fire insurance guarantees the house or building, its contents; machinery, installations, fixtures and windows with the main coverages of the fire insurance policy and additional coverages that can be selected. Fire insurance policies can be issued for both movable and immovable properties.
The main coverages in a fire insurance policy are explosion, lightning and fire. Insurance companies insure buildings against fire and the situations that may be caused by fire. Thus, insured persons are insured against material destruction that may be caused by fire. In addition to these main coverages, persons can expand the policy coverage with earthquake and additional coverages according to their own wishes and needs
Fire insurance main coverages do not change depending on the insurance company. However, people who want to take out a fire insurance policy can expand their fire insurance policy with additional coverages that they can choose according to their own wishes and needs in addition to the main coverages included in the fire insurance. Fire insurance additional coverages can be specified as follows:
The scope of fire insurance can be expanded considerably with main coverage and additional coverage. However, there are some situations that are not covered by fire insurance. The situations that are not covered by fire insurance can be stated as follows:
Compulsory Earthquake Insurance provides financial security to insured homeowners against fire, explosion, landslide and tsunami risks caused by earthquakes. It mediates the return of life to normal by compensating the damage as quickly as possible, whether you live there or not.
