With extensive development in the Kingdom the real estate assets have become mostly valuable and need to be protected against any accidental perils. Property insurance covers all accidental damage that may occur to your building from Fire to Water Damage, Flood, Explosion, Windstorm, Landslide, Vehicle Impact and more.
With Fire Insurance or Property All Risks policy, you can cover any kind or property for residential or professional use from house, condominiums or apartments to factories, high rise buildings, hospitals and clinics, schools, hotels or restaurants.
The insurer will pay the repair or reinstatement of your loss property after a survey to assess the damage. With property insurance you guarantee the integrity of your real estate investment and ensure you are still in business in case of loss. Fire Insurance is under Tariffs rule for risks below 10 Million Dollars in value , therefore all insurers apply the same rates according to the category of property, with our advice you can cover only the risks you need and receive counseling and management to ensure your policy really protects your property.