When it comes to a standard home insurance policy, it is important that you know what is and isn’t covered. So, when it comes time to collect home insurance quotes, you know what to look for. In the case of an accident, you can be sure if the damage done will be covered. As you may know, a standard home insurance policy will cover damage done by a fire, lightning, smoke, theft and other perils.
If your home becomes damaged in a fire, most of the time it will be considered as a total loss. The dwelling is damaged beyond repair and must be rebuilt. According to https://floridainsurancequotes.net/home-insurance/mobile-home-insurance-florida/, smoke and water damage will also more than likely destroy your personal belongings inside. When it comes to your home insurance, there are two main situations in which your home will not be covered when there is fire damage.
Does homeowners insurance cover arson? The definition of arson is a fire that has been set deliberately by the home’s owner. Committing arson is a criminal offense and so is arson insurance fraud. Many people try to commit arson so they can get a big insurance payout. This is known as arson insurance fraud. Insurance companies know about this too. When you make a claim due to a house fire, the insurance company will send out an investigator to check out the damage and figure out the cause of the fire. If determined to be arson, there will be no coverage at all.
Fire in an empty home
The damage that is caused by a fire in an empty home will not be covered. A vacant home generally has a few different meanings. However, it is mainly defined as a home not being occupied in for more than 30 days. If your insurance company can prove that your home was vacant at the time it caught fire, you will not be covered.
Many Florida home insurance companies also offer a vacant home insurance policy, it will cover your home if it is vacant at the time of a fire. Not being properly covered by home insurance is a big risk. You don’t want to lose something you worked so hard for to get. Keep this in mind when you are shopping for home insurance quotes.
Where can I find affordable coverage?
Collect your home insurance quotes before it’s too late. If you want the best rates on the web, they sure have them! Tons of people love receiving their quotes at floridainsurancequotes.net. Fast and free quotes are available right at your fingertips. Don’t wait, head on over and start saving on a policy today!