1. BENEFITS OF FIRE INSURANCE:
If you are uninsured against your house or business burning down, you may not be
able to recover, both emotionally and financially. You could be paying for a home
that is no longer there, all your possessions may be gone and very often people do
not have the money saved to replace all the possessions. Every home owner has a
certain amount of fire insurance, by law, any bonded home has to have fire
insurance as part of its building insurance cover. However, one needs to ensure that
you are sufficiently covered. For most businesses it is vital to have this cover.
Replace Contents
It will include the replacement of a certain value of household and business contents.
Temporary Accommodation
Taking out fire insurance should protect you financially from the loss of your
possessions, home & business . It will include temporary accommodation, this helps
to pay for the insured to move out and live somewhere else for the period of time it
takes to repair the structure before they can move back.
Rebuild the Damage
Fires can devastate buildings and cause unbelievable damage to the structure of your
home or business. This policy covers you so that you can rebuild it or replace
sections that are damaged. Make sure that your garage, swimming pool and any
outhouses are included.
Preventative Measures
The use of fire alarms, sprinkler systems, and other safety measures can decrease
the cost of the policy.