Get Fire Insurance Online for your Home, Shop, Office & Building
Fire insurance is an important part of a Property Insurance policy, that helps protect your home and business properties such as apartment buildings, office spaces and shops from any damages and losses that could occur due to a fire.
*Disclaimer - Fire Insurance is not a standalone product. To avail this cover, you need to purchase Go Digit, Bharat Laghu Udyam Suraksha (IRDAN158RP0079V01202021) and/or Go Digit Bharat Sookshma Udyam Suraksha (IRDAN158RP0080V01202021), and for Home – Go Digit, Bharat Griha Raksha (IRDAN158RP0081V01202021).
Not Sure Why Fire Insurance is Important?
Read on..
Fire outbreak is ranked as the 3rd biggest risk to business continuity and operations. (1)
The ADSI report shows residential buildings are most prone to fire outbreaks. (2)
Fire ranks 7th in the Risk Trend for 2022 according to the India Risk Survey. (3)
There is a 250% rise in fire incidents in India compared to 2022 (4)
Why Do You Need Fire Insurance?
What’s Great About Fire Insurance by Digit?
Value for Money: Covering for property is a big deal. After all, there’s just so much at stake! Therefore, you’ll see that premiums for the same are usually high. However, we try our best to give you the best possible and most affordable premium to insure your property from fire and other potential damages.
Digital Friendly: Being one of India’s first digital insurance companies, we try and keep all our processes, right from buying a fire insurance to making claims, digital. So even when there’s an inspection required, you can just do it online! (Except for claims above Rs 1 lakh. As per the IRDAI (Insurance Regulatory and Development Authority)-those need to be done manually only.
Covers All Business Categories: Whether you want to protect your family business, office space, kirana store or a chain of stores, our fire insurance policy is suitable for all kinds of businesses, no matter how big or small they are.
Plans for Renters: We understand that millennials today are increasingly choosing to rent and not necessarily own. That’s why, we also offer plans for renters that only cover for the things that YOU own. So, even you want to cover your rental apartment, you can do so!
What’s covered in Fire Insurance by Digit?
Types of Coverage
At Digit, our fire insurance is not an independent policy, is part of a complete coverage. This means, everything from fires, and natural calamities will be covered. Some of the types of coverage we offer are given below.
| Option 1 | Option 2 | Option 3 |
| Covers only the contents of your home or business. | Covers both your building and the contents of your home or business. | Covers your only building. |
Our Fire Insurance Offerings
- Fire Insurance for your Home - Our fire insurance is a vital coverage included in our home insurance. So whether you have an apartment, villa or independent building; our home insurance will cover for not only damages and losses caused due to fire but will also cover for losses due to other unforeseen circumstances such as explosions, floods, and storms and other standard perils.
- Fire Insurance for your Business & Shop - Our fire insurance is also included in all business and shop insurance. This includes both small and large businesses and all shops, such as boutiques, office spaces, kirana stores, etc. This business and shop insurance won’t only cover for losses and damages caused due to fire but, will also cover for losses that could arise due to storms, earthquakes, floods, and other standard perils.
Why Choose Digit?
Digit makes it to the headlines!
Who Needs Fire Insurance?
Fire is unpredictable, so ideally anyone with a property should ensure their home or business is covered from damages and losses that could occur due to a fire.
Whether it’s been your home for years, or is your newfound dream home, a house is anyone’s most precious possession. Moreover, fire is known to be most prone in residential buildings. Thus, protecting it from the same is the least you can do to protect both your pocket and home.
People generally assume that fire insurance is only for people who own properties and that may be true for most insurers. However, at Digit, we provide fire insurance for rental properties too. So, if you have a rented office space or a rented apartment, you can still get fire insurance for the contents you own; such as the contents of your home.
Whether you run a small general store or a small boutique with customized fashion and handicrafts, our fire insurance coverage is suitable for all types of businesses. If you’re someone running an independent, small business, it would be vital to protect your business from any potential losses and risks that could arise out of fires.
If you run a chain of general stores, restaurants or a medium sized enterprise; our fire insurance coverage is also suited for medium sized business owners to cover for any damages and losses that could be caused due to a fire; no matter how small or big it is.
If you’re someone who owns multiple properties owing to the large operations of your business, a property insurance is vital in protecting not one but all your properties that will not only help reduce business risk, but also improve goodwill for being a responsible business enterprise.
Types of Personal Properties Covered in Fire Insurance
This is for those who live in independent flats that are either part of housing societies or standalone buildings. The same could be either a flat owned by you or rented by you. Our product is suitable for both!
Perhaps you and your extended family live in a standalone building, owning or renting flats in the entire building. In this case, you can choose to cover for them all with a fire insurance policy.
If you own or have rented an independent villa or house, a fire insurance coverage is vital to protect your villa and its contents from the potential risk of a fire.
Types of Business Properties Covered in Fire Insurance
Businesses that primarily sell automobiles, mobile phones and their accessories, and other electronic items.
From neighborhood kirana shops to your budget friendly supermarkets and general stores; all grocery stores and general stores too are covered for in a fire insurance policy. Offices and Educational Spaces
This category as part of our Property Insurance Policy is designed to suit office premises and educational institutions such as colleges, schools, and coaching classes.
This category of businesses includes everything from carpentry and plumbing repairs to motor garages and engineering workshops.
From your favorite malls and clothing stores to spas, gyms and other stores; a fire insurance covered by Digit’s property insurance also covers for all businesses in the personal lifestyle and fitness sector.
The one place everyone devours! From cafes and food trucks to restaurant chains and bakeries; our fire insurance coverage is well-suited for all kinds of eatery joints as well.
One of the most vital properties that should be protected from fires and all other risks as well; a Property Insurance by Digit also covers for Hospitals, Clinics, Diagnostic Centers and Pharmacies and other Medical Stores.
Apart from the categories mentioned above, a fire insurance coverage as part of by Digit’s Property Insurance Policy is suitable for all sizes and nature of businesses.
What is the Sum Insured for Fire Insurance?
Sum insured refers to the amount the policyholder is liable to claim in the event of an insured peril. Basically, it is the maximum amount that your insurance company can pay you when you file a claim for an unexpected/unpredictable event.
Your premium amount is determined by how much sum insured you choose. In this case, the value of your property/contents of your property also determines your sum insured. It is important to have an adequate sum insured which is not lower than the actual value of your property or assets.
FAQs on Fire Insurance Online in India
Is fire insurance part of Property Insurance?
Yes, at Digit, we provide for protection against damages and losses caused due to a fire as part of our Go Digit Bharat Laghu Udyam Suraksha, Go Digit Bharat Sookshma Udyam Suraksha and Go Digit Bharat Griha Raksha. The same also protects your properties from other risks such as burglaries and natural calamities.
What is the eligibility to get a fire insurance?
Anyone who owns a property or has even rented a property can buy a fire insurance.
Is fire insurance different from homeowners' insurance?
Fire insurance provides coverage for costs related to a fire, thunder, lightning and smoke; whereas homeowners insurance protects against many other types of risks. A homeowners insurance policy typically includes coverage for damage caused by a fire, but a stand-alone fire insurance policy may provide more extensive coverage.
Can I cover for an entire housing society with fire insurance?
Yes, you can. Go Digit, Bharat Griha Raksha plans are applicable to housing societies and compounds too.
What is not covered in fire insurance?
A fire insurance policy will not cover losses related to fires set deliberately. Fire insurance also only covers losses related to a fire, so if your property suffers loss or damage from another cause, it would not be covered.
Is a FIR compulsory to claim for fire insurance?
No, a FIR is only compulsory in cases of burglaries.
What documents should I produce when filing a claim for fire?
When filing a fire insurance claim, the documents you are required to produce are:
- A copy of your policy and a duly filled claim form.
- Substantial proof of fire such as newspaper clippings, photographs, etc.
- Previous claim records.
- Fire brigade report and forensic report, if required.
- A copy of the final investigation report.