Fire insurance is available in all sizes and shapes. It is a matter of choosing a policy offering the right cover for your specific circumstances.
Standard cover – Each fire insurance policy offers cover against fire, lightning, explosions and falling aircraft.
Additional cover – These insurance options are often available as additional cover in your fire policy:
- Storms, hail, pressure of snow or ice
- The impact of electricity
- Collisions with vehicles
- Water damage and damage caused by mineral oils
- Flooding and earthquakes
- Glass breakage
- Labour disputes, riots, civil unrest, acts of vandalism and malice
- Expert appraisal costs
- Civil liability for buildings
- Sprinkler leaks
- Damage resulting from theft or attempted theft
- Thawing of merchandise
- Machine breakdown
Effective fire insurance calls for a customised approach. Prevention is better than cure. That starts with choosing the right materials for building or renovating your business premises. Determining the correct value of your building and the contents of the premises is just as vital as deciding what risk you yourself can bear (the deductible). All of these factors affect the premium and result in you being provided with the right compensation in the event of damage. ADD's specialists are to there to help you to define your policy.