WEDNESDAY, FEBRUARY 1, 2023
What are some of the disasters that you worry about happening in your home? A house fire is probably near the top of your list. Not only will you have little to no warning of when a fire might occur, but there are also multiple hazards that might cause these events. Any fire could cause significant damage to, if not the destruction of, your home. It is natural for you to want to have protection from the ramification of these losses. Homeowners insurance might be the solution.

Still, while homeowners insurance will often cover fire damage, it won’t always do so. You’ll have to carefully review your policy to ensure it applies to your unique loss.
Homeowners Insurance for Fire Damage
In most cases, you cannot predict when a house fire will strike your home. As a result, your homeowners policy will consider a fire among the perils it covers. After the fire, the policy might pay for:
- Structural damage and repairs (along with damage to detached structures)
- Damaged personal possessions
- Additional living expenses you incur if you must temporarily move out of the home
- Liability coverage to pay damage done to others if your house fire spreads to their property
All the same, your policy will not pay unlimited damages for all types of fire losses. Therefore, you’ll have to look closely at your coverage terms to see how much you stand to gain as a result of a claim.
Limitations to Your Homeowners Insurance
All homeowners insurance policies will include multiple terms that define when your coverage will pay you. So, while the policy might state it covers fire damage, you might have to dig a bit deeper to see if any conditions apply.
- Usually, fires must result from unexpected or unavoidable incidents to have coverage. Intentional fires set by the homeowner will not have coverage.
- Some policies will cover damage from wildfires automatically, but in other cases you might need a policy endorsement added to your coverage.
- Damage from accidents like cooking fires or tipped candles will have coverage.
- Fires arising from electrical issues will often have coverage.
Your policy will only pay up to its coverage limits for the damage to structures and possessions. So, to receive optimized coverage, you’ll have to increase your coverage to match the value of these belongings. Furthermore, deductibles will apply to most fire damage claims. If your total cost of damage is lower than the deductible cost, then you will receive no compensation from your policy.
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