BUISENESS MANAGEMENT
INSURANCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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bursted pipes
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Building Property coverage the physical structure of your home
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trees, fences, & swimming pools
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Personal Property coverage for the items inside your home
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Detailed explanation-1: -Flood insurance also includes personal contents coverage, which helps pay to repair or replace your belongings such as clothing, furniture and electronics. [ON SCREEN] Coverage under your policy depends on the value of your damaged belongings, but will not exceed your coverage limit.
Detailed explanation-2: -Flood insurance is designed to provide an alternative to disaster assistance to reduce the escalating costs of repairing damage to buildings and their contents caused by floods.
Detailed explanation-3: -Personal possessions cover is an add-on that only a comprehensive car insurance policyholder can purchase. The insurer will provide coverage for any loss or damage to any of your personal possessions kept inside the car as per the insured declared value of your car insurance policy.
Detailed explanation-4: -Flood Insurance is a sub-type of house insurance that covers property damaged by excessive water entering the house due to a flood.