What Does Homeowner’s Insurance Cover in the Event of a Fire?
Flames that explode into a raging home fire cause a staggering $6.7 billion in damages annually. Cooking fires are the leading cause of home fires in the nation. Heating equipment is a close second as the origin of house fires. As kitchen equipment and heating appliances are the standard gadgetry found in all homes, as well as other flammable sources, fire insurance becomes a necessity for homeowners.
While the occupants of a home are fortunate to avoid the effects of a devastating house fire, the blaze snatches irreplaceable valuables and personal mementos. A standard homeowner’s insurance policy covers most possessions in the event of a house fire, but the cause of the fire dictates whether or not insurance reimbursements are paid out.
Natural Disasters
Wild Fires
Homes that are ...