2 Fire Causes Not Covered By Insurance

5/20/2019 (Permalink)

Vacant home fire in Carthage, TN

Two Types of Fires that Are Not Covered By Insurance

Homeowners insurance covers the majority of home fire causes. The main exceptions are houses that are vacant, such as vacation homes, or intentional fires. An insurance policy should also shield the named insured and other residents from liability unless there is any proof of arson. Find out more about the two types of fires that are not covered perils and how to increase the overall level of protection from fire risks at a residence in Carthage, TN.

1. Vacant Home Fire

The terms of most standard homeowners policies define a residence that has not been occupied for 30 consecutive days as vacant. A vacant home endorsement, rider or a separate policy will be necessary to cover any type of fire that breaks out in this structure. Vacancy policies may be added to a primary property policy as an endorsement or rider or be obtained in the form of a supplementary policy. This coverage will apply during any periods of time in which the residence is vacant.

2. Arson

A deliberate home fire is not covered by any insurance policy. Starting a fire may be related to an attempt to commit insurance fraud, damage property or endanger the residents of a home. If an investigation discovers evidence of an intentional fire, criminal charges may be brought against the named insured or another party. Penalties may range from mischief all the way up to a misdemeanor or felony. Aggravated or first-degree arson can result in a prison sentence of up to 25 years or longer.

Owners of vacation homes should maintain vacancy coverage. It is also a good idea to confirm the extent of home fire liability protection on a standard homeowners policy. No coverage will apply to intentional fires. If a fire damages building materials and contents at a residence in Carthage, TN, the owner should contact cleanup and restoration professionals.