When we say property insurance, it's a type of home insurance or Insurance of ongoing construction project that provides protection coverage for property owners. Property insurance can help the owner avoid financial losses, which might occur due to damage caused to the property by natural calamities, theft, fire etc.
You can do a lot to protect your property – like installing CCTV cameras or hiring security etc. But there can be some situations of fire, flood, earthquake etc from which people can not protect their property – this is where a protecting solution like an insurance policy plays a critical role.
Property and Enginering Insurance can be broadly classified into
