Types of fire insurance coverages

[{"selector":"#anim-cbaa7199-2877-425a-9083-3864e76b1d49 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-a52737b6-b8bf-40c8-ae40-74bde4482a03","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3fe98a78-b4ae-4154-8ffd-54b9fdf5a327","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] The most common types of coverage include:

[{"selector":"#anim-bb36ad37-df5f-43ea-9056-93f38b6534f7","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e699a711-e0d3-4fe9-a851-17bab88dd0bb","keyframes":{"transform":["translate3d(115.53399%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-91334293-028f-4c1c-981e-f990d28cba39 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] 1. Replacement Cost Coverage

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2. Actual Cash Value Coverage

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[{"selector":"#anim-e9d1a4f9-db56-453a-be45-ec97b62a8318","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-287a3078-379b-4ba2-8cd1-5126524fe769","keyframes":{"transform":["translate3d(115.18987%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-12d67761-bea1-4dce-afff-5227b4719d28 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.353124886851486%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] This type of coverage calculates what it would take to replace your home exactly as it was before the fire occurred.

[{"selector":"#anim-189f9b3c-00c7-4cec-834d-d9cfc6d6f90e","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-87afa29c-5957-47b6-a249-21fe7f9b0d18","keyframes":{"transform":["translate3d(115.92356%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ac3e44b4-f663-41b0-818e-1b0c4397f872 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.904910561496735%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] It then pays that amount rather than its replacement value, means you may get less money when you file a claim.

3. Personal Property Coverage

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[{"selector":"#anim-788d2661-8675-452f-bcf4-c63124903642","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d1b45e96-6357-47de-bc31-c9b686e091d2","keyframes":{"transform":["translate3d(115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9ba4ad3-4ba8-45c0-bc2d-8955a3bc2f4e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-6883010d-9b7c-4540-af9b-01fbe1b9f2b3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-34.17968742217382%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] This type of coverage protects personal property such as Jewellery and furniture against damage caused by fires.

[{"selector":"#anim-87d5c701-843a-40ab-aa1c-9c6b117a539b","keyframes":{"opacity":[0,1]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-14810252-3c99-4e1b-884a-2e0822fffb24","keyframes":{"transform":["translate3d(-115.50632%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5aafde77-a217-4cb6-a9c6-41cb7aee619b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.17578114184333%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":500,"duration":4000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Read on how to get the best coverage Read more