Important Things to Know About Fire Insurance for Restaurants
There are certain things that you should keep in mind while purchasing this insurance policy.
- You’ll have to be crystal clear with the insurer about the things he/she asks you while purchasing the policy.
- The policy comes with a tenure of 1 year and it can be renewed.
- While purchasing the policy for a restaurant, you should provide every required detail related to the contents of the restaurant. The cover will be provided based on the content of the restaurant as well as the location.
Fire Insurance for Restaurants: Add-ons
If you feel that the standard fire insurance policy is not enough to cover your restaurant then there are several add-ons available that you can add to your existing plan. They are as follows:
- Forest Fire
- Architects fee
- Leakage cover
- Loss of rentÂ
- Contamination cover
You can ask your insurer for more add-ons that can provide extra cover as the availability depends on the company.
Fire Insurance for Restaurants: Claim Process
As we have told you almost everything about the policy, let us now tell you about the most important part that is raising the claim. So here are the steps that you can follow to raise a claim:
- Contact your insurer and inform about the fire accident
- Provide all kinds of details related to the loss or damage caused by the fire and the estimated cost of it
- Cooperate with the inspectors who will come to do a survey of the restaurant
- After the survey, insurer will initiate the claiming process
- After a few days, your claim will be settled.
Documents Required to Raise Claim under Fire Insurance for Restaurants
In order to raise the claim, you will have to provide following documents to the insurance company so that the claiming procedure can begin.
- Copy of policy
- Schedule and clauses included in policy
- Filled up claim form
- Any newspaper cutting that printed the news of the incident.
- Any previous raised claim. A copy of it.
- Photos
- Report of fire brigade
- Forensic report if required
- Final investigation report’s copy
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