Fire insurance policies offer additional protection to homes and valuables if there happens to be a fire at your home. A fire insurance policy can be defined as a contract between the insurer and the buyer, where the former party guarantees to pay for the loss or damages caused to the home or property due to fire.
Fire insurance policies usually offer coverage to damages or mishaps that may occur due to explosion, lightning, accidental fire, and more. Most insurance companies will also pay for man-made accidents such as leakage from the water sprinkles, bursting of pipelines and water tanks, and overflowing of pipes.
What Is Covered In Fire Insurance Policies
Most fire insurance policies offer coverage for all types of damage that your house or property has suffered due to fire or a fire-related accident. That said, fire insurance policies will not be covering destruction or damages to the property due to spontaneous combustion, fermentation, and natural heating. Apart from that, damages that your home or property suffered due to healing or drying processes will not be treated as fire damage.
Fire and other types of damages that are caused by lightning will be covered by most fire insurance policies. For instance, lightning may result in cracks in the roof or other parts of your home. You will be eligible to file for a fire insurance claim in such a scenario.
In addition to the above two scenarios, homeowners will be able to get coverage for fire damages in the following cases too.
- Impact damage
- Implosion or explosion
If you have no clear understanding of what is covered in standard fire insurance policies, it is best to get in touch with us for further assistance. If your insurance company is trying not to pay you, do not worry because we are here to help you.