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What are the functions of fire insurance?

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What are the functions of fire insurance?

The above asked question is from Insurance subject

The question was posed to me by my school teacher while I was bunking the class.

Other related questions to my question are:-

What are the functions of fire insurance?

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What is fire insurance and its types?

What is fire insurance in insurance law?

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Right answer is: Fire insurance policies provide payment for the loss of use of the property as a result of a fire or for additional living expenses necessitated by uninhabitable conditions, as well as damage to personal property and nearby structures.

The title of my answer is Fire Insurance Definition

My answer's reference is Investopedia

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