Property Insurance is Insurance on Real Property for Protection against most risks, hazards, and perils or causes of loss, such as fire, theft, and some storm and weather damage or in other words, events that do damage are known as Perils or causes of loss, and include weather-related events such as lightning strikes or hail, or human causes such as robbery or vehicular accidents. Property Insurance can also include specific forms of insurance such as flood and earthquake.

Property is generally insured in the way of Open Perils, which covers all causes of loss not specifically excluded in a policy, or Named Perils, which covers only causes of loss planned in a policy. Property can be valued through loss of use, replacement value, and market value methods. Commercial Property Insurance is often bundled with liability insurance, which protects your business assets if the business is sued for bodily injury or property damage.

Open Perils Policy: It includes such as damage resulting from earthquakes, floods, nuclear incidents and war.

Named perils Policy: Which covers losses resulting from only those perils the policy name and it includes damage causing events as fire, lightning, explosion and theft.

• Precautions on heating equipment
• Safety of lighting equipment
• Safety of fire extinguishers
• Disposal of flammable materials
• Fire detection services
• Availability of security system and surveillance equipments

The information below will provide some answers and help you ask the right questions in order to find the most appropriate solutions.

Q. What is Property Insurance?
A. Property Insurance protects your business against physical damage to, or loss of, your assets. Property Insurance is insurance on Real Property for protection against most risks, hazards, and perils or causes of loss, such as fire, theft, and some storm and weather damage.

Q. What does it property insurance covers?
A. Property Insurance Covers a business's building and its contents money and securities, accounts-receivable records, inventory, furniture, machinery, supplies and even intangible assets such as trademarks when damage, theft or loss occurs and the way you are covered for property insurance varies from policy to policy in two main ways:

• The property that is actually insured
• The type of events that lead to the loss

Q. Did Property Insurance protects you?
A. Property Insurance protects you if you face Financial loss form your Property Insurance will reimburse you for losses if your homes are damaged by fire, your belongings are stolen or if any other unexpected situation that is specified under your policy occurs.