Is Fire Insurance A Fixed Cost. Fire insurance of stock can be apportioned on. On 30th june, 2011 accidental fire destroyed a major part of the stocks in the godown of jay associates.
25 lakh to the insurer for the fire insurance. Average costs and comments from costhelper's team of professional journalists and community of users. Fire insurance is property insurance that provides additional coverage for loss or damage to a structure damaged or destroyed in a fire.