Buy Fire Insurance in India
🔥Protect Your Property and Assets from Fire Related Losses
A sudden fire can destroy your home, shop, warehouse, or office within minutes—causing massive financial loss and emotional distress. Fire-related incidents in India are increasing due to electrical faults, short circuits, gas leaks, and natural causes. BTW IMF offers reliable and affordable Fire Insurance policies that cover damages to your property, stock, and valuable assets—so you don’t have to start from scratch after a disaster.
Fast and Reliable
Service
Service
Customize Policy
End to End Claim
Fast and Reliable
Service
Service
Customize Policy
End to End Claim
Expert Guidance
Expert Guidance
Easy Claim Process
Rising Awareness
Expert Guidance
Easy Claim Process
Rising Awareness
Easy Claim Process
What Does Fire Insurance Cover?
- Fire and explosion damage
- Lightning, short circuit, and electrical fire
- Impact damage (e.g., from vehicles or falling trees)
- Riots, strikes, and malicious damage
- Bursting or overflowing of water tanks or pipes
- Storm, cyclone, flood, and other natural calamities
- Leakage from automatic sprinkler systems
- Bush fire or forest fire (if applicable)
What Is Not Covered?
- Intentional or willful damage
- War, invasion, or nuclear risks
- Theft or burglary not caused by fire
- Damage to stocks in open (unless specifically covered)
- Loss due to pollution or contamination
- Property under construction (unless declared)
Types of Fire Insurance Plans
- Standard Fire and Special Perils Policy Covers buildings, contents, plant & machinery, stock-in-trade, and other assets from fire and specified perils.
- Valued Policy Insures property for an agreed fixed value, useful for rare or high-value items like artwork.
- Reinstatement Value Policy Covers the cost to replace or reinstate the damaged property with new property of the same kind.
- Floating Policy Useful for businesses with stocks at multiple locations—provides a single sum insured covering all locations.
- Declaration Policy Ideal for businesses with fluctuating stock values—premium is based on monthly declarations.
Why Choose BTW IMF for Fire Insurance?
Partnered with India’s leading IRDAI-approved insurers
Expert advice on selecting the right sum insured and policy type
Fast quote generation and digital policy issuance
Full support during inspection, documentation, and claim settlement
Competitive premiums for individuals and businesses
Who Should Buy Fire Insurance?
- House owners and tenants
- Retail shops and showrooms
- Office spaces and warehouses
- Manufacturing units and factories
- Hotels, restaurants, and banquet halls
- Schools, colleges, and hospitals
Whether you own a small shop or a large industrial unit, fire insurance ensures your assets are covered against sudden and severe loss.
Frequently Asked Questions (FAQs)
While not legally mandatory, many banks and lenders require fire insurance for property loans or business loans.
 Yes, you can choose to insure the structure alone, contents alone, or both, depending on your risk and needs.
Premium depends on the value of property, construction type, usage (residential/commercial/industrial), and location risk.
 You can claim for both partial and total loss, subject to policy terms and surveyor assessment.
With BTW IMF, you can receive a policy within 24–48 hours after document submission and risk assessment.