<h1>Fire insurance covers 12 perils including lightning, explosion, riot, storm and theft after fire damage.</h1> Fire insurance policies indemnify property owners against a defined set of 12 perils: fire; lightning; explosion and implosion; aircraft impact; riot/strike/malicious damage; storm/cyclone/typhoon and associated fires; impact damage; subsidence and landslide; burst or overflowing water tanks and pipes; leakage from automatic sprinkler installations; bush fire; and theft or burglary occurring consequent upon fire, while standalone theft is excluded. Coverage addresses direct physical loss and consequential destruction across residential, commercial and industrial properties, and insurers treat secondary failures as included when linked to a covered peril.