Fire Insurance
Because one spark shouldn’t stop your business
All-round asset protection
Covers fire & perils
Tailored for MSMEs
Easy claim guidance
Quick plan comparison
Transparent pricing always
Get Your Free Quote / Consultation !
Fire Insurance for MSMEs
Through BuyVima, you can explore a range of fire insurance policies designed for MSMEs.
These policies provide coverage for physical loss, damage, or destruction of insured property arising from fire or related perils. Depending on the insurer, plans may also include coverage for explosions, lightning, subsidence, landslides, impact damages, and more.
With flexible policy options and sum insured customization, businesses can choose coverage that aligns perfectly with their asset value and operational risks. Whether you run a small shop, warehouse, manufacturing unit, or office space, fire insurance ensures financial safety and business continuity even in unexpected situations.
Why Choose Fire Insurance for Your Business
Fire insurance is not just about compensating for damaged property it’s also about ensuring your business can restart operations quickly. Many MSMEs struggle with downtime after a fire incident, which affects production, supply timelines, and client trust. A good policy can help cover the cost of repairs, replacement of machinery, and temporary relocation so your business remains stable even during disruptions.
Coverage can also be extended to include protection against natural events like earthquakes, storms, floods, and cyclones especially helpful for businesses located in industrial zones, commercial hubs, and areas prone to weather risks. With the right policy, you ensure that one incident does not halt years of hard work and investment.
At BuyVima, we simplify the entire process from comparing the best fire insurance plans to documentation and claim support. Our team ensures you get a policy that fits your industry type, asset value, and operational needs, without unnecessary premiums. Your business deserves protection that is reliable, affordable, and future-ready.
Key Features of Fire Insurance Policies
Fire insurance helps safeguard your business assets, inventory, and infrastructure from unexpected fire-related losses. A well-chosen plan ensures financial security and supports quick recovery, so your operations stay uninterrupted.
Comprehensive protection for buildings, equipment, and stock
Financial coverage for repair or replacement after a fire or related peril
Easy digital claim submission and support via insurer platforms
Fast policy issuance, depending on insurer processes
Compare plans and understand which insurer's process best fits your business needs
With BuyVima, you can explore multiple options from leading insurers
With BuyVima, you can compare plans and understand which insurer's process best fits your business needs.
How to File a Claim
Each insurer has its own fire insurance claim process. Typically, the process involves these simple steps:
Notify the Insurer
Contact your insurer immediately after a loss occurs. Most insurers have 24/7 helplines for emergency claims.
Surveyor Appointment
The insurer will appoint a surveyor to inspect the damaged property and assess the extent of loss.
Document Submission
Submit all required documents including claim form, FIR (if applicable), photos, and supporting evidence.
Claim Settlement
After verification, the insurer processes and settles your claim as per policy terms and conditions.
Notify the Insurer
Contact your insurer immediately after a loss occurs. Most insurers have 24/7 helplines for emergency claims.
Surveyor Appointment
The insurer will appoint a surveyor to inspect the damaged property and assess the extent of loss.
Document Submission
Submit all required documents including claim form, FIR (if applicable), photos, and supporting evidence.
Claim Settlement
After verification, the insurer processes and settles your claim as per policy terms and conditions.
What does Fire Insurance cover?
Knowing the inclusions and exclusions ensures your business gets the right protection without unexpected gaps.
Fire and lightning
Forest and wildfires: forest fire, bush fire, jungle fire.
Missile testing operations
Natural disasters: storms, cyclones, hurricanes, typhoons, tornadoes, tsunamis, floods, and inundation.
Acts of terrorism (this is an optional cover)
Water damage: bursting or overflow of water tanks, pipes, and apparatus.
Theft: theft occurring within 7 days of an insured event.
Explosions or implosions
Earthquake
Land movements: subsidence, landslide, or rockslide
NImpact damage: damage caused by collision or impact with external objects like vehicles, trees, or aircraft
Riot, strike, and malicious damage
Sprinkler leakage: leakage from automatic sprinkler systems.