fire coverages

  • Fire coverages include fire, theft, tornado, and comprehensive, as distinguished from casualty coverages such as bodily injury and property damage. Sometimes called physical damage coverages or property coverages. In a broader sense, fire coverages may include all lines written by a fire insurance company except inland marine insurance.

    Internal Revenue Service 1

1Internal Revenue Service, Internal Revenue Manual 4.42.6 Glossary, http://­www.irs.gov/­irm/­part4/­irm_04-042-006.html (last accessed Dec. 22, 2009).