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Property insurance 101 is an insurance product that provides protection for property, both buildings and the assets inside, from various risks, such as fire, theft and natural disasters. There are various types of property insurance available, including: 1. Fire insurance. provides protection for damage or loss of property caused by fire. 2. Theft insurance. provides protection for damage or loss of property caused by theft. 3. Flood insurance. provides protection for damage or loss of property caused by flooding. 4. Earthquake insurance. provides protection for damage or loss of property caused by an earthquake. 5. All risk insurance. provides protection against all risks of damage or loss of property, except risks excluded in the insurance policy. Property insurance can provide various benefits, including: 1. Maintain financial stability. Property insurance can help you maintain financial stability if your property is damaged or lost due to risks covered by the insurance policy. 2
