Examples of Fires That Your Insurance Will Not Cover

6/2/2020 (Permalink)

Kitchen fire damage in Windermere, FL

From a young age, you're told that fire can be dangerous. Parents and teachers urge you to not play with matches or do anything else that could start a fire in your house. Still, despite your best efforts, these incidents can occur. While your first thoughts will be about the safety of your loved ones, you'll also worry about the condition of your property and possessions. Fortunately, your homeowner's insurance should cover a home fire in most cases. You should be aware of the times when your claim would be denied.

When You Can Get Coverage

Your homeowner's insurance should give you the financial help you need following a home fire in Orlando, FL. Your policy can cover losses to your dwelling and possessions you lost in the fire. Your policy may even cover any expenses you had while staying somewhere else temporarily. Insurance will cover fires started by the following causes:

• A vandal who intentionally started the fire in your home.
• A fire that you started by accident.
• A fire that started due to faulty equipment such as wiring or appliances.

Insurance Fraud
Some people make the catastrophic mistakes of resorting to arson to get the insurance company to pay a settlement. Anytime arson is suspected in a fire, the insurance company will investigate before professional fire restoration crews arrive to clean up. Homeowners guilty of this are subject to criminal punishment and will have their claim denied.

Empty House
If you own a vacant home, the insurance company will not pay for damages it suffered in a fire. A vacant home fire does not fall under a homeowner's insurance policy, so you will be left with the repair and restoration bills unless you buy supplemental coverage on the property.
Understanding how your homeowner's insurance policy works is critical. If you have a home fire, you need to know when your policy would go into effect and when it would not.

You can contact your insurance agent for more detailed information, or review your policy's coverages online. Most companies offer a quick glance of your policy coverages once you are logged in to your online account.