What RWA and flat owners need to know about fire insurance

Our resident welfare association (RWA) has taken fire insurance covering the structure of the building.

- Abhishek Bondia

As a flat owner, would my flat be covered if a fire occurs only in my flat without affecting the overall building? What is the process in such a case? What coverages should the RWA ideally have? Anything specific that I should take care of?

—Name withheld on request

Several RWAs take fire insurance for group housing complexes, which helps with administrative ease and cost efficiency. In such cases, even if a single flat is damaged due to covered perils, the claim is admissible. Whenever an incident occurs, the RWA must immediately inform the insurer. The insurer then appoints a surveyor to inspect the site and assess the claim.