Fire Insurance Findings
Fire Insurance Findings
Fire Insurance Findings
SATISFACTION
TOWARDS FIRE
INSURANCE
QUESTIONNAIRE
1. Do you have a separate fire insurance cover? SAMPLE SIZE : 30
YES NO
2. Have you ever had a fire-related loss in your home?
Yes No
3. If you have ever had a fire-related loss, how easy was it to file a claim?
Extremely easy Somewhat easy Neutral Somewhat difficult Extremely difficult
4. Would you prefer a policy that covers replacement value or the actual cash value?
Replacement value Actual cash value
5. Apart from your home, what else is covered in your fire insurance policy?
Nearby structures Personal property Loss of use Other
6. Do you regularly check your home’s value to determine if you have to increase your coverage?
Yes No
7. Does your fire insurance policy exclude some fire sources?
No Yes Not aware
8. By which institution you have the fire insurance?
HDFC ICICI OTHERS
DO YOU HAVE A FIRE INSURANCE COVER?
3; 10%
YES
NO
27; 90%
HAVE YOU EVER HAD A FIRE-RELATED LOSS IN YOUR HOME?
4; 13%
YES
NO
26; 87%
IF YOU HAVE EVER HAD A FIRE-RELATED LOSS, HOW
EASY WAS IT TO FILE A CLAIM?
1; 3% 2; 7%
Extremely easy
Somewhat easy
Neutral
Somewhat difficult
27; 90%
Extremely Difficult
WOULD YOU PREFER A POLICY THAT COVERS REPLACEMENT
VALUE OR THE ACTUAL CASH VALUE?
1; 3%
Replacement value
Actual cash value
29; 97%
APART FROM YOUR STORE, WHAT ELSE IS COVERED
IN YOUR FIRE INSURANCE POLICY?
6; 20%
YES
NO
24; 80%
DO YOU REGULARLY CHECK YOUR HOME’S VALUE TO
DETERMINE IF YOU HAVE TO INCREASE YOUR COVERAGE?
7; 23%
YES
NO
23; 77%
DOES YOUR FIRE INSURANCE POLICY EXCLUDE
SOME FIRE SOURCES?
8; 27%
10; 33%
YES
NO
12; 40%
NOT AWARE
BY WHICH INSTITUTION YOU HAVE THE FIRE INSURANCE?
7; 23%