Motor fleet insurance provides cover to your entire fleet of vehicles. It is designed chiefly for companies with a large number of vehicles. Of course, individuals with more than one vehicle can also opt for this insurance. Let’s get to know about filing a claim under motor fleet insurance. What is motor fleet insurance? Instead […]
Articles Tagged: Property Insurance
Exclusions of motor fleet insurance policy
When you want to insure more than one vehicle, a motor fleet insurance policy is a great choice. It is one policy that provides insurance cover against loss or damage to all your vehicles. However, it is important to remember that your standard motor fleet insurance policy has some limitations. Here we will get to […]
Filing an art insurance claim
Art insurance refers to insurance cover for artworks. Such insurance can come in handy if your art collection is stolen or damaged. In this article, we’ll get to know about the process of filing a claim under Art Insurance. Art insurance is becoming increasingly popular among collectors due to several reasons. First, the value of […]
Minimizing the premium on building insurance
Building insurance is a product that offers insurance coverage to residential and commercial buildings. Specifically, owners can buy this policy to protect their buildings from risks due to fires or natural disasters, explosions, burglaries, etc. Let’s find out how to minimize the premium of building insurance. Tips to lower initial premium on building insurance The […]
How can you minimize the premium for Factory and Warehouse Insurance?
Quite a few measures can be taken to minimize or reduce the amount of premium payable on Factory and Warehouse insurance policy and policies such as: Additional security measures Automatic fire extinguishers Training your staff to safely operate the machinery or raw material Regularly maintaining your workplace Find an insurer who knows your field well […]
What is the claim process for Property and Casualty Insurance?
Property and Casualty Insurance: Claim Process The claim process for Property and Casualty Insurance starts with the occurrence of any event. However, it may be a car accident or a house on fire, or a security violation. 1. Notify the loss: Firstly, the insured person should notify the loss insurance company as soon as possible. […]
How important is fire insurance for your business?
Although you may take every precaution and use the latest technology to ensure the safety of your business premises, you cannot completely rule out the possibility of an accident. Thus, fire insurance is both essential and recommended for your business. Why is fire insurance important? To understand the importance of fire insurance for your office […]
What is Required to purchase a Property Insurance Policy?
The person who is willing to take a property insurance policy should have a financial interest (insurable interest). Needs to insure in the asset. So, the person will be at a loss financially if any event causes damage to his asset. Therefore, let’s know more about the requirements to purchase a Property Insurance Policy To […]
Type of useful covers you can add to your Fire Insurance Policy
Apart from the perils that are covered by the standard fire insurance policy, you can opt for add-on covers with your fire insurance policy to cover additional risks upon payment of the additional premium amount. Add-on covers, also known as riders, can be added to your fire insurance policy to provide additional coverage for specific […]
What is Property Insurance Policy?
The property insurance policy is the insurance that protects the physical goods and the equipment of the business or home against any loss from theft, fire, and any other perils. It can be an all-risk coverage policy that gives protection against all the risks. Or can a named-risk coverage policy give protection against only those […]