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What is Property Insurance?
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[QUOTE="Nite, post: 153922, member: 28512"] Property insurance consists of a variety of policies that protects the policyholder for either property or liability. It provides financial aid to the owner or renter of any structure in case there is damage or theft. This type of insurance also provides fiscal relief to any other person, who in case might have been injured on the insured property. Also, it's not limited to homeowners insurance, renter's insurance, or natural calamity insurance, but also includes many other policies. Property insurance is among the most purchased insurance policies, as it's considered to be a smart way to protect the things one have invested in. The liability coverage under this insurance can protect the property owner from getting sued by any person who have gotten injured while on the property. [/QUOTE]
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