
Property Insurance
Insurance that fully covers all risks of property and industrial loss, with the exceptions specified in the policy (i.e., property still under construction, property undergoing renovations, item deterioration due to nature, intentional or dishonest behavior, etc.).
Depending on where you live, conventional homeowners insurance policies usually assist with the cost of repairing damage brought on by specific risks or hazards, such as:
- Fire and smoke.
- Theft.
- Windstorm or hail.
- Frozen plumbing.
- Falling objects.
- Water damage from plumbing, water heater, appliances and heating or cooling systems.