Insurance

What does home insurance fire coverage cover?

Does having the house insured against fire imply that the insurance?

As an introduction to the first question, I will tell you that having your home insured against fire. It does not mean that the insurance is going to pay you compensation if your house goes on fire regardless of the reason. Regarding the second question, I recommend that you review the coverage well. Because when there is a fire in a house, expenses will rain on you, and some insurance offers very interesting additional coverage.

Firemen use a fire hose to try and put out a house fire during a snowfall.

In which cases the fire coverage of the home insurance takes care of the loss

As established by the Insurance Contract Law, the insurer must compensate the damages caused by the fire. When it originates by fortuitous events, such as a lightning strike, mischief from strangers. In the event that it is caused by an arsonist, own negligence or of the people who are civilly liable. However, when the fire is caused by fraud or gross negligence of the insured, the insurer may reject the claim.

Fire coverage in home insurance

Fire and smoke can cause many problems in the home. Such as structural damage, shattered appliances, and installation, smoke damage, etc. On the other hand, putting out the fire has a cost, as does staying away from home. Or moving furniture and belongings when the state of the house requires it. Painting the walls darkened by smoke in rooms that have not been affected by fire, among other drawbacks.

Does insurance cover all of this? You will have to check your policy to find out. In addition, you will have to review the coverage limit. The coverage that you can find are, mainly, the following:

Damage caused by fire

Covers damage caused by flames. The compensation is stipulated according to the conditions of the policy. At this point, it is important to consider whether the insurance covers only the continent. Otherwise, includes content, as well as the assessment to avoid incurring over insurance or under insurance.

Temporary accommodation

Some insurances include the cost of relocation for a certain time while looking for another home. Or making repairs for damage caused by the fire.

Moving furniture

If the house needs renovations, you may need to remove some of the furniture and other items. Some insurances also cover this, guaranteeing the transfer and its cost. As well as the costs of returning them to the home.

Cost of firefighters

If the fire is the consequence of an oversight by the owner, the costs of extinguishing the fire could be borne by him. Many insurances cover the cost of firefighters, although not all cover it 100%.

Damage from a lightning strike

Some policies also offer coverage for lightning strikes. In these cases, the insurer would take care of the damages in case the lightning causes a fire or damages the electrical installation.

Reconstruction of the house

After a fire, if the home has been completely destroyed. The homeowner can choose to collect on the policy or rebuild the home. In the case of opting for reconstruction, the policies usually establish a maximum limit of assumed costs. Although some offer 100%. In any case, this point must be reviewed in each policy.

Reconstruction of the garden

Many elements in the garden can be affected by a fire. Some home insurance includes the reconstruction of the garden and its elements.

What fire insurance doesn’t cover

Damage caused by the action of heat without the ability to spread (such as an iron burning something) is not usually included in home insurance. They also do not usually cover objects that fall into the fire by accident if the fire is contained in the right place (for example, a fireplace).

As for the damages suffered by objects considered of special value (jewelry, cash, artistic objects, etc.). They are only covered if it has been previously agreed and these objects are duly identified.

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