These valuable personal properties needed certain insurance coverage from theft or other mishaps. Insurance coverage is required to cover the loss in case of theft or loss of personal articles and items. Especially, students suffer from such property loss; they have more risk of this kind of loss of personal properties. There are various type of insurance policies are available that provides property insurance, which includes, workman's compensation, liability, life, group health, "key man" insurance, disability income, and etc. Property insurance is a common type of liable insurance coverage, which is widely purchased by the people who have small business. What companies propose property insurance to landowners? When we look at the list of insurance companies we got that there are only some companies proposing property insurance to landowners. From this list we can find that AAA Insurance company is the one proposing property insurance. AAA Company is attached with Balboa Insurance Co. What is meant by such a claim? Such claims are lawful official documents setting out the actual facts and figures of the loss to that insured assets or property. The administration has to examine and access the validity of one's demand prior to granting compensation. As quickly as it is official, your insurance application will certainly turn into a cash payment for you to help with the suffering you endured or the ruining of your assets. The policy of business property insurance compensate monetarily for the repair or replacement of the damaged, stolen equipment, lost, supplies, and other equipments. These all equipments are required to run a business effectively and also for the setting up a new business. For instance, if a fire mishap occurs then the policy of business property insurance will help you to claim the compensation for the loss or damaged property; it also includes rebuilding or reconstruction of property. Property mortgage insurance cuts down the sum of advance deposit that is must to acquire property. Thus when the home owners go to the market it will help them to buy property. More over as it decreases the advance payment as well as the owners can easily submit an application for loan for a luxurious house.