close
    how location considered on fire insurance

    how the following are considered on fire insurance 


    1.location


    2.size of the premises


    3. occupation of the premises

    0  Views: 564 Answers: 2 Posted: 10 years ago

    2 Answers

    My best guess, #3, occupation of the premises. But then, I'm not taking an insurance course. 

    1) If you're in a fire-prone location, such as certain parts of California, it might be hard to get fire insurance, and if you do, the premiums would probably be exorbitant. 2) The bigger the size, the more potential for loss, the more expensive it is. 3) Occupation: More potential for property loss and human casualty.



    Top contributors in Investing category

     
    Chiangmai
    Answers: 63 / Questions: 3
    Karma: 1485
     
    ROMOS
    Answers: 34 / Questions: 0
    Karma: 1395
     
    Benthere
    Answers: 3 / Questions: 0
    Karma: 1320
     
    Colleen
    Answers: 77 / Questions: 0
    Karma: 1305
    > Top contributors chart

    Unanswered Questions

    estdodemexico
    Answers: 0 Views: 5 Rating: 0
    thabetfarm
    Answers: 0 Views: 3 Rating: 0
    Fun88tl life
    Answers: 0 Views: 4 Rating: 0
    Fun88tl life
    Answers: 0 Views: 4 Rating: 0
    Fun88tl life
    Answers: 0 Views: 5 Rating: 0
    vf555itcom
    Answers: 0 Views: 6 Rating: 0
    > More questions...
    452683
    questions
    719855
    answers
    755685
    users