What type of damage does "fire insurance" protect against?

Fire insurance specifically covers losses that arise from fire damage to property. This type of coverage is designed to protect policyholders against the financial repercussions of property destruction caused by fire, including buildings, equipment, and personal belongings. In the context of property insurance, fire insurance can help homeowners, renters, and businesses recover from devastating losses due to fire incidents by compensating for the costs associated with repairing or replacing the damaged property.

While there are other forms of insurance that address different risks, such as natural disasters or theft, fire insurance is narrowly focused on incidents involving fire. It cannot cover damage caused by floods, earthquakes, or losses incurred due to theft or vandalism, nor does it provide coverage for personal injuries resulting from a fire incident. Therefore, selecting this option accurately reflects the primary purpose and benefit of fire insurance within the insurance landscape.