Property insurance protects property owners from risks of fire, theft and some weather damage. Property is insured in two ways—open perils such as earthquakes and war, and named perils, such as fire and theft. Owners are reimbursed financially for damage or theft of property either for the actual value of the damage or the cost to remedy the damage.

Here on LawServer you’ll find relevant federal and state laws about insurance on property, and related legal Questions & Answers.