What does Allied Lines mean? Read on to discover the definition & meaning of the term Allied Lines - to help you better understand the language used in insurance policies.
Allied lines is a type of insurance that is commonly brought with a standard fire insurance policy. Allied lines insurance covers demolition charges, accounts receivable, data processing equipment, malicious damage, water damage, increased cost of construction, vandalism and certain other risks. When bought in tandem with a fire policy, allied lines insurance can be extremely beneficial for property owners.
We hope the you have a better understanding of the meaning of Allied Lines.