Residential Fire Insurance
Recommended for: homeowners who want basic fire insurance
Benefit:1. actual cash value of property
Options:1. extended cover (smoke, aircraft, vehicle, and explosion)
2. earthquake
3. typhoon
4. flood and typhoon
5. burglary
Eligibility:1. single detached
2. duplex
3. townhouse
4. apartments
5. condominiums
Factors to consider:1. Sum insured
2. Type of house
3. Location
4. Type of construction
5. Property insured