Fire insurance alone does not provide comprehensive coverage for your home in case of an unfortunate event. It is a wise choice to have both a home insurance plan and a fire insurance plan in place as each of them covers different areas of compensation. For example, a fire broke out in your flat and caused your ceiling, walls, cabinets, furniture, and personal belongings to be damaged. Having a fire insurance will only cover the cost of rebuilding the ceiling and walls but none of your household items and personal belongings will be compensated.