Insurance that answers for loss or damage to property caused by Fire and/or Lightning. Coverage may be extended to include Earthquake, Typhoon, Flood, Volcanic Eruption, Explosion, Vehicular Impact, Falling Aircraft and/or Objects therefrom, Smoke, Riot, Strike, Civil Commotion, Malicious Damage and Robbery.
Types of coverage are:
- Building and Improvements
- Machinery and Equipment
- Stocks, Supplies and Other Contents
- Loss of Income / Business Interruption