Every year, accidents cause houses burn down in the state of Florida. Nobody wants to be in that situation, but if it happens to you, having fire insurance could make the process a little easier. However, fire insurance doesn’t cover damage from every fire-related incident.
What does fire insurance not cover?
If you live in an area with a high risk of wildfires, your property insurance might not cover wildfire damage. You might have to buy a different package or buy fire insurance separately. Most property insurance doesn’t cover damage to your vehicle, so if you’re worried about your vehicle catching fire, you’ll have to buy coverage through your car insurance company.
Your property insurance only covers your house in the case of accidents. If you deliberately light a fire to damage your house, your insurance company won’t compensate you. Most people don’t tell their insurance company that they deliberately burned their house down, but your insurance company might launch an investigation if they suspect the validity of your claim.
In addition, to file a claim, you must have lived in the house at some point in the past 30 days. If the house has been vacant for 30 days or more, your insurance probably won’t cover fire damage. If you own multiple properties, you might want to buy separate insurance policies for vacant houses.
Finally, most insurance doesn’t cover fire caused by a major catastrophe like bombings, terrorist attacks or nuclear war. If you’re not sure if you have a valid claim, an insurance attorney may help you determine your eligibility. Your insurance company might not tell you the truth, but an attorney could look at the case objectively.
Do you have to accept your insurance company’s decision?
Your insurance company might have a valid reason for denying your claim. However, most insurance companies look for reasons to deny your claim so that they don’t have to pay a settlement. If you’re in doubt, you could always talk to an attorney. A legal professional may evaluate your case and tell you if your claim is valid or not.