Fire Insurance

Protect your property and assets from the devastating impact of fire-related incidents.

Essential Coverage for Property Owners

What is Fire Insurance and Why It’s Critical

Fire insurance provides financial protection against losses or damages caused by fire and related perils like lightning, explosions, short-circuits, and accidental fires. It covers buildings, machinery, stock-in-trade, furniture, and more, depending on the policy type. This insurance is especially vital for business premises, factories, offices, and warehouses, where fire damage can result in significant financial setbacks. With online policy options, getting coverage has become quicker and more accessible than ever.

Fast, Simple, Reliable

Why Buy Fire Insurance Online?

Instant Policy Access

Buy or renew your policy quickly without visiting any physical branch.

Transparent Comparison

Review quotes, coverage, and terms from multiple insurers before choosing.

Digital Documentation

Upload and manage all your insurance records securely online.

Be Prepared for the Unexpected

Why Every Property Owner Should Have Fire Insurance

01

Covers Fire-Related Losses

Protection for damages caused by accidental fires, explosions, or lightning.

02

Safeguards Business Continuity

Helps resume operations quickly by covering losses and repair costs.

03

Compliance Requirement

Often mandatory for securing business loans or government tenders.

04

Affordable Premiums for High Protection

Get large coverage amounts at relatively low premiums.

05

Includes Allied Perils

Most plans also cover riots, strikes, impact damage, and natural calamities.

06

Ideal for Residential and Commercial Properties

Available for homes, shops, factories, warehouses, and office spaces.

Choose the Right Policy Based on Use

Types of Fire Insurance Plans

Standard Fire & Special Perils Policy

Covers loss or damage due to fire, lightning, explosion, flood, storm, and more.

Valued Policy

Covers property based on an agreed value at the time of policy issuance.

Floater Policy

Ideal for businesses with stocks at multiple locations — covers them under one sum insured.

Smart Fire Protection, Simplified

Why Upsure is a Trusted Partner for Fire Insurance

Compare Quotes from Top Insurers

Evaluate fire insurance plans across providers to find the best fit.

Digital Purchase Process

Complete the entire journey online from application to issuance.

Policies for All Property Types

Choose based on whether your premises is residential, commercial, or industrial.

Expert Risk Assessment Support

Get guidance on sum insured, perils to include, and premium optimization.

Affordable and Transparent Premiums

Understand exactly what you’re paying for — no hidden fees.

Assistance During Claims

Our team supports you with claim documentation, inspections, and follow-ups.

Find the Coverage That Truly Fits

Why Comparing Fire Insurance is Important Before You Buy

Fire insurance is not one-size-fits-all. The structure, usage, and location of your property influence the kind of coverage you need.

Get Adequate Sum Insured

Avoid underinsurance by selecting a policy that matches your property value.

Understand Included & Excluded Risks

Some perils may be optional or excluded — compare to know the differences.

Evaluate Add-On Covers

Look for policies offering debris removal, architect’s fees, or escalation protection.

Select Trusted Insurers

Choose companies with strong claim service and high settlement ratios.

Easy to Get, Easy to Renew

How to Buy or Renew Fire Insurance Policy

01

Provide Property Details

Enter usage type, built-up area, location, and estimated value.

02

Compare and Select the Policy

Review insurers, coverage benefits, and terms before choosing.

03

Pay and Receive E-Policy

Make secure payment and get the policy document directly in your inbox.

Get Covered with the Right Information

Documents Required to Purchase Fire Insurance

Property Ownership Proof

Title deed, property tax receipt, or registry document.

ID and Address Proof

PAN, Aadhar card, or business registration certificate.

Property Valuation or Asset Details

For accurate sum insured, provide estimation of structure and contents.

Claim with Confidence

How to File a Fire Insurance Claim

1

Inform the Insurer Immediately

Report the fire incident within 24 hours and initiate the claim.

2

Submit Necessary Documents

Include FIR (if applicable), fire brigade report, claim form, and damage photos.

3

Survey and Claim Processing

Insurer arranges for a site inspection and settles the claim after assessment.

Understand Fire Insurance in Detail

Frequently Asked Questions

No, fire insurance is available for both commercial and residential properties. Individuals can insure their homes, flats, or standalone buildings against fire-related losses. Businesses often require it for compliance, but homeowners benefit equally from this coverage.

Besides fire, most policies include lightning, explosion, implosion, impact damage, riots, strikes, floods, and storms. Additional perils like earthquake or terrorism can be added. Always review the policy document for the exact list of covered risks and exclusions.

The sum insured should reflect the cost of rebuilding the structure and replacing contents. For buildings, it is based on the reconstruction cost per square foot. For contents or stock, the market value at the time of policy issuance is considered.

Not under basic fire policies. However, you can opt for an add-on called “Loss of Profit” or “Business Interruption Cover” which compensates for loss of income due to property damage caused by fire or allied perils. This helps maintain business continuity..

In most cases, yes. You can request an endorsement to increase the sum insured during the policy term. The insurer may ask for updated property details or valuation reports. A revised premium will be applicable based on the new sum insured.

Loss due to war, nuclear hazards, intentional damage, electrical breakdowns, or poor maintenance are commonly excluded. Also, damages occurring while the property is under illegal use or construction may not be covered. Always go through the exclusion section thoroughly.

For businesses, fire insurance premiums are considered a business expense and can be claimed as a deduction under relevant sections of the Income Tax Act. For individuals, there are no specific tax benefits on fire insurance for residential properties.

Claim settlement typically takes between 15 to 30 working days from the date of survey and submission of all required documents. Complex commercial claims may take longer. Upsure supports you through every step to speed up the process.

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Email: contactus@upsurebrokers.com Call: +91 90452 83235

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Upsure Insurance Brokers Pvt. Ltd., IRDAI Broker code - IRDAI / DB 958 / 2022, Valid Till date - 25 / 06 / 2026, Licence Number-899, CIN No.: U67200UP2022PTC164788, Principal officer name: Ankush Jain,
Contact No.: 91+ 90452 83235, Email ID: ankush.jain@upsurebrokers.com