The basic Fire policy provides indemnity against loss or damage to property described, caused by fire, lightning and explosion.  However, the policy can also be extended to cover riots, strike, malicious damage, storm, earthquake, impact by vehicles, aircraft and other aerial devices, subterranean fire, spontaneous combustion, explosion of industrial boilers and economizers, flooding, water damage due to bursting or overflowing of water tanks, apparatus, and pipes among others.  This insurance covers assets such as commercial buildings, plant and machinery, stock insurance, furniture fixtures and fittings and office equipment.