Wednesday, May 4, 2011

Financial IQ: What is Fire Insurance?

MENLO PARK, CA - DECEMBER 09:  Menlo Park fire...Image by Getty Images via @daylife
Financial IQ Philippines Quick Hit(s):

When insuring property for fire, make sure the coverage excludes the value of lot.


Fire Insurance is a coverage against loss of property by fire.  This covers the property improvement but not the land.


Enhanced by Zemanta

No comments:

Post a Comment