Posted: Sat Jul 08, 2006 4:50 am Post subject: Allied Lines
Allied Lines
Property insurance that is usually bought in conjunction with fire insurance; it includes wind, water damage, and vandalism coverage. _________________ Register Now to have your Insurance queries solved.
it also includes data processing insurance , demolition insurance , earthquake insurance , increased cost of construction clause , radioactive contamination insurance , sprinkler leakage insurance , standing timber insurance , and malicious mischief insurance. _________________ auto and home insurance
Right, you guys have correctly mentioned the perils covered under allied lines. It also includes increased cost of construction materials, demolition insurance, account receivable and so forth. Sounds to be a good thing for businesses. _________________ Register Now to have your Insurance queries solved.
Posted: Mon Oct 08, 2007 7:51 am Post subject: Earthquake Insurance
Hi all, allied lines are special types of coverage available for special types of perils. These niche insurances can be bought as an endorsement with many standard property policies. Among the allied lines insurance the most prominent one is the earthquake insurance. It covers losses incurred during earthquake and volcanic eruptions. But it excludes damages due to fire, flood, explosion etc. Rupert
