What (who) is Property insurance - definition
Property insurance
INSURANCE THAT PROVIDES PROTECTION AGAINST MOST RISKS TO PROPERTY, SUCH AS FIRE, THEFT AND SOME WEATHER DAMAGE
Fire Insurance; Fire insurance; Farm Insurance in Pennsylvania; Buildings insurance; Commercial property insurance
Property insurance provides protection against most risks to property, such as fire, theft and some weather damage. This includes specialized forms of insurance such as fire insurance, flood insurance, earthquake insurance, home insurance, or boiler insurance.
Property and casualty insurance guaranty funds
Property and casualty insurance guaranty funds are part of the property and casualty guaranty fund system, a non-profit, state-based, statutorily-created insurance consumer protection system that protects policyholders if an insurer goes bankrupt.
Vehicle insurance
![Uninsured cars seized by [[Merseyside Police]] on display outside the force's headquarters in 2006](https://commons.wikimedia.org/wiki/Special:FilePath/Uninsured cars seized by police in Liverpool.JPG?width=200 "Uninsured cars seized by [[Merseyside Police]] on display outside the force's headquarters in 2006")
TYPE OF INSURANCE
Car insurance; Automobile insurance; Motor insurance; Motor-Vehicle Insurance; Uninsured drivers; Uninsured Drivers; Auto insurance; Third-party insurance; Motor third party liability insurance; Vehicle Insurance; Bike insurance; Motercycle insurance; Personal Auto Insurance; Commercial Auto Insurance; Automobile insurer; Motorcycle insurance; Auto repair insurance; Motor vehicle insurance; Comprehensive insurance; Green slip; Auto insurer
Vehicle insurance (also known as car insurance, motor insurance, or auto insurance) is insurance for cars, trucks, motorcycles, and other road vehicles. Its primary use is to provide financial protection against physical damage or bodily injury resulting from traffic collisions and against liability that could also arise from incidents in a vehicle.
Examples of use of Property insurance
1. It requires companies wanting to do business in Florida, and that offer automobile and property insurance in other states, to include property insurance among their Florida offerings.
2. Some firms also team up with property insurance companies and offer mutual discounts.
3. Standalone terrorism policies are those that are not linked to companies‘ property insurance policies.
4. This means they cannot afford to follow their usual practice of subsidising motor insurance with profits from property insurance.
5. Arnold Schwarzenegger has included in his budget proposal a 1.25 percent surcharge on residential and commercial property insurance.