Fire insurance is a personal contract, and in the absence of statutory or contractual authorization, it cannot be assigned without the consent of the insurer.

Question

Quizplus · Accepted Answer

Fire insurance is a personal contract, and generally cannot be assigned without the consent of the insurer. Some policies may have explicit language allowing for assignment, but this would need to be specified in the policy or agreed upon by the insurer for it to be valid.

Fire Insurance Is a Personal Contract, and in the Absence