The cost of a fire insurance policy or the Premium can depend on the Perils to be covered, The value of the items covered, The usage of the premises proposed for insurance, The location details of the premises proposed for insurance etc., The construction of building and occupancy. Consequent to de-tariffing of the non-life insurance segment (except Motor Third Party Insurance where premium rates laid down by IRDA), premium rates charged by each insurer may differ. However, they should have been filed with the IRDA under File & Use procedure.