property coverage
Policy for belongings
Property coverage is insurance protection for physical assets against damage, loss, or destruction.
It typically covers buildings, equipment, inventory, and personal belongings from perils like fire, theft, or natural disasters.
Homeowners, renters, and businesses all purchase property coverage: The policy's property coverage extends to the detached garage.
Distinguished from liability coverage, which protects against claims for harm to others.
- fire damageDestruction from flames
- real estateLand and its structures
- renters insurancePolicy covering lessee's possessions
- homeowners insurancePolicy protecting residential property
- premiumAdded cost for better
exclusions · theft · personal belongings · deductible · jewelry · earthquakes · endorsements · artwork · fixtures · electronics · vandalism · flood insurance · fire insurance · flooding · structural collapse · indemnification · windstorms · risk management
- insuranceinsurance, auto insurance, life insurance, home insurance, underwriting
- property insurancehome insurance, renters insurance, building insurance, fire insurance, flood insurance
- liability insuranceliability insurance, general liability, personal liability, professional liability, public liability
property coverageliability coverage
Insurance paying third-party claims
liability insurance · general liability · health coverage · health insurance · medical coverage
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