Conceptualization of Indemnity under Fire Insurance

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There occurred a fire mishap in the farmhouse belonging to a gentleman of leisure, which in due course engulfed the neighborhood nursery. Among the properties destroyed in the fire or damaged during the fire-fighting operations were a large number of garden plants, in both premises, which have been insured, coincidentally, with the same underwriting office. For uniformity in loss analysis and equanimity in assessment, the underwriters chose to entrust the survey assignments of both the claims to a single surveyor. Whereas the loss assessment with regard to the other damaged properties should pose no problem, as there are precepts and