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fire insurance

insurance covering any loss or damage caused by fire.
1790-1800 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for fire insurance
  • Now ask them to raise their hands if they have fire insurance.
  • Imagine a world in which anyone can buy any amount of fire insurance on any building, regardless of its value or ownership.
  • If you have fire insurance and don't have a fire, you get nothing back.
  • Too much time and effort is been spent on fire insurance and greedy bankers bonuses.
  • When you buy fire insurance, it doesn't pay out unless you have a fire.
  • Nevertheless, fire insurance has its problems, two in particular.
  • Knowledge of these is essential to proper interpretation of the information found in fire insurance maps.
  • fire insurance mapping originated with the written surveys required by the various insurance companies in the eighteenth century.
British Dictionary definitions for fire insurance

fire insurance

insurance covering damage or loss caused by fire or lightning
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Encyclopedia Article for fire insurance

provision against losses caused by fire, lightning, and the removal of property from premises endangered by fire. The insurer agrees, for a fee, to reimburse the insured in the event of such an occurrence. The standard policy limits coverage to the replacement cost of the property destroyed less a depreciation allowance. Indirect loss, such as that resulting from the interruption of business, are excluded but may be covered under a separate contract. Insurance rates are influenced by the quality of fire protection available where the building is located, the type of building construction, the kind of activity conducted within the building, and the degree to which the building is exposed to losses originating outside it.

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Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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