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    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: 636 Answers: 2 Posted: 11 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.



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