What is Covered by Fire Insurance?
Fire Insurance for Your Home
Home fires are no joke. A single spark is all it takes for flames to engulf a house, leaving only ash in its path. Flames spread in a matter of minutes, which is why it pays to act quickly if a fire does break out in your home. Even if you’re careful around flames and electricity, accidents can happen. Fortunately, fire insurance coverage can help to protect your property and belongings when the worst does happen.
Fire coverage is included in most standard homeowners insurance policies. This means that your home insurance can help to repair your property and replace your belongings if they are damaged in a home fire. Your policy will pay for damage up to the policy limits, but every policy will have its exclusions. A home that is deliberately set on fire by the homeowner is not included in coverage.
Your home insurance will help to pay for fire damage to your home and belongings, as well as additional living expenses if you need to temporarily live elsewhere while your home is being repaired. Additional living expenses will help to cover temporary accommodation, restaurant meals, and the extra costs that come with living away from home.
If your car is destroyed by a home fire, your homeowners insurance may not help. Instead, you will need to consult your auto insurance policy, specifically the comprehensive portion of your policy. If you only took out the bare-essentials liability auto insurance coverage, damage to your car from a fire will not be covered. This means that you will be responsible for the expense of repairing or replacing your fire-damaged vehicle.
Take the time to review your home insurance coverage to be sure you have optimum protection. To find the right coverage for your needs, work with one of our friendly and experienced agents at Falsken & Associates Insurance Agency serving Thousand Oaks, Westlake Village, and neighboring cities in California.