Dwelling Fire Coverage
House fires are one of the most damaging losses a homeowner can experience. They can cause serious property damage, destroy personal possessions and even result in injury or death. Unfortunately, they are also relatively common in the United States. Read on to learn more about how insurance can protect your property from fire damage.
At Bozeman Insurance, we understand how important your home is to you. Contact us to speak to a homeowners insurance agent today.
What Is Dwelling Fire Coverage?
Dwelling fire coverage is similar to a homeowners insurance policy, but it is typically purchased by landlords who rent or lease out their properties. It can protect against named perils, including fire, lightning and internal explosions. Depending on the policy type you choose, your dwelling fire coverage includes a broader range of protections (e.g., freezing pipe damage, collapse).
To be eligible for dwelling fire coverage, your property generally needs to have at least one of the following characteristics:
- It’s a seasonal, vacation or second home.
- It’s an older home, worth $50,000 or less.
- It’s a single-family home.
- It’s a one- to four-person dwelling.
Contact Bozeman Insurance to learn if your home is eligible for dwelling fire coverage.
Homeowners Insurance vs. Dwelling Fire Coverage
Unlike dwelling fire coverage, a homeowners insurance policy can protect your primary home from perils. Generally, your homeowners insurance will cover damage from accidental fires, up to your policy limits.
Here are some of the ways your homeowners insurance policy can cover fire losses:
- Dwelling coverage may pay for smoke or fire damage to the structure of your home and attached property.
- Other structures coverage can pay to repair or replace other structures on your property (e.g., detached garage, fence) if they are damaged or destroyed by fire.
- Personal property coverage can pay to repair or replace your possessions if they are damaged or destroyed due to an accidental fire.
- Liability coverage can protect you from paying out of pocket if a fire at your home damage’s a neighbor’s property.
- Additional living expenses can pay for costs associated with leaving your home (e.g., hotel stays, meals) if a house fire makes it temporarily unlivable.
Intentional fires (e.g., arson) are generally not covered under a home insurance policy. Fire losses that result from acts of war are also commonly excluded. Speak to your insurance agent to learn if your homeowners insurance covers damage from wildfires.
Finding the Right Insurance
We’re here to help you find the right fire protection policy for your home. Contact Bozeman Insurance for more information on our homeowners and dwelling fire coverage.