Homeowners insurance protects your property against covered perils including fire smoke wind hail and theft.

What does fire policy cover. Fire lightning explosion falling objects impact by aircraft or land vehicle riot water smoke windstorm hail vandalism theft transportation of personal property electricity accidental glass breakage and collapse due to weight of snow ice or. Youll only get reimbursed for expenses that are comparable to your standard of living. The dwelling fire policy broad form is also a named perils policy and covers the same perils as the basic form with the following additions included.

While an individual policy is known as walls-in coverage a master policy only covers common areas. For example say your standard policy names fire. It covers damage from perils such as fire extreme weather theft and burst pipes.

Dwelling coverage in the event of a total loss would amount to actual cash value only with an HO-8 policy as well. But losses caused by earthquakes flooding landslides and mudslides are often excluded by homeowners insurance. So if there was a short-circuit in your apartment that caused a fire youre covered.

Glass breakage as long as the building was not vacant for 60 or more days before a loss. A flood somehow caused a fire to break out destroying your things youd also be. But it wont cover earthquakes and floods.

Policies may also cover damaged trees shrubs plants or landscaping. Typically fire damage is covered as a Specific peril or included as part of Comprehensive or All Perils coverage in Section 7 of OAP 1. It only covers the risks to your home and contents that are named in your policy.

Comprehensive coverage applies when the vehicle is. Weight of ice and snow. On a standard homeowners insurance policy you may be protected against fire under the following coverages.