Fire insurance is a loss insurance product that protects the insured from the risk of loss

Fire insurance is a loss insurance product that protects the insured from the risk of loss that may arise in connection with the ownership and use of the insured property. Risks covered by fire insurance include: • Damage or loss of property due to fire. • Damage or loss of property due to expansion risks, such as explosions, lightning and water leaks. • Damage or loss of property due to other risks, such as riots, natural disasters and malicious acts. Fire insurance can be purchased individually or through an insurance company. When choosing fire insurance, there are several things you need to pay attention to, namely: • Type of insurance, namely basic fire insurance or fire insurance with extensions. • Expansion of guarantees, namely additional guarantees that can be added as needed, such as legal liability guarantees and loss of profit guarantees. • Premium, namely the insurance cost that must be paid by the insured. Fire insurance is an important thing for property owners to have.