Used widely in almost all states, this is a specific type of basic fire insurance contract. This policy is no longer widely used, but still exists in some states. The policy was a predecessor to modern forms and covered losses due to lightening and fire.
Link to This DefinitionDid you find this definition of NEW YORK STANDARD FIRE POLICY helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary