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 Posted: Sat Jul 08, 2006 4:50 am Post subject: Allied Lines |
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Allied Lines
Property insurance that is usually bought in conjunction with fire insurance; it includes wind, water damage, and vandalism coverage.
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adam
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| Posted: Mon Oct 08, 2007 2:54 am Post subject: |
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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.
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auto and home insurance |
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MichaelS
New member
Joined: 02 Oct 2007
Posts: 13
5.27 Dollars($)
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| Posted: Mon Oct 08, 2007 6:30 am Post subject: |
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Right, you guys have correctly mentioned the perils covered under allied lines. It also includes increased cost of construction materials, demolition insurance, account receivable and so forth. Sounds to be a good thing for businesses. 
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Crossbreed07
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| Posted: Mon Oct 08, 2007 7:51 am Post subject: Earthquake Insurance |
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| Hi all, allied lines are special types of coverage available for special types of perils. These niche insurances can be bought as an endorsement with many standard property policies. Among the allied lines insurance the most prominent one is the earthquake insurance. It covers losses incurred during earthquake and volcanic eruptions. But it excludes damages due to fire, flood, explosion etc. Rupert |
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RupertWBradson
Senior member
Joined: 05 Jul 2007
Posts: 703
131.12 Dollars($)
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