0
Add your answer:
Earn +20 pts
Does a Non-standard fire policy cover fire following in Nevada?
Following What?
What is standard fire policy?
A fire Insurance Policy is Fire Insurance for the covered property indicated on the policy.
What is the insured peril under standard fire policy?
Fire.
What underwriting factors affect a standard fire policy?
Standard fire policy, is the insurance cover against perils such as fire, lightining, domestic explosion of boiler or gases. Underwritting for this policy, will involve examining exposure of fire risks at the building, for fire risks that may be caused by explosion, if there sources of explosion within the building or at nearby building. Also, when underwritting for this policy, the nature of construction will be determined, materials used in construction if are fire resistant. Another important consideration, is the use of the building is, the uses of the building indicated types of exposure of fire may be possible at the location.
Does a fire policy in Michigan cover lightning?
yes
What are the Exclusions of the standard fire policy?
governmental action
The standard fire policy covers what perils in new york?
fire only
What type of insurance covers fire to recover the building?
Any building property policy such as a homeowner policy or commercial property policy will cover fire damage.
Fire policy in Michigan covers what?
Each company has several different policies and each policy can cover different perils. Also, each policy can have additional endorsements which would cover more perils than a regular "bare bones" policy. A fire policy is another name for a homeowners policy. The common basic perils are fire, storm, and theft.
What is non standard commercial risk?
distinguish between a "standard" commercial risk and a "non standard" commercial risk in a fire policy
In what state did the standard form fire insurance policy originate?
New York
Does a standard homeowners insurance policy cover the death of the insurer?
No, Homeowners Insurance does not provide the coverage of a life insurance policy.
