What does your homeowners insurance cover when it comes to fire?
The National Fire Association reports that there are over 358,000 house fires every year. With this statistic in mind, it’s reassuring to know that standard home insurance in Sunnyside, New York offers coverage for fire damage. However, it’s also important to know that there are limits to this fire coverage. This is what you need to know about your home insurance policy and fire damage.
- What does home insurance cover?
Your homeowners insurance will cover fire damage to your home and property as well as your additional living expenses if you need to stay elsewhere while your home is undergoing repairs. Most home insurance policies will also cover fire damage to detached structures on your property, such as sheds, fences, standalone garages, and so on.
- What does my home policy not cover?
As mentioned, there are exclusions when it comes to your home policy’s fire coverage. For starters, your home insurance will not cover the damages caused by war, nuclear damage, and other associated perils. Your policy will also exclude coverage for the damages related to arson. Finally, your home insurance will not cover fire damage to a vacant home. Typically, a home is considered vacant if it has been uninhabited for more than 30 consecutive days.
- Are wildfires covered?
Recently, wildfires have become a more pressing concern for homeowners all over the country. Fortunately, your homeowners insurance will provide coverage for wildfire damages up to your policy’s coverage limits.
This is what you need to know about your home’s fire coverage. Do you have additional questions about your home insurance in Sunnyside, New York? If so, then contact the experts at 01 Insurance. We are ready to assist you with all your coverage needs today.