Dwelling Fire Coverage – Why do you need it?

Dwelling Fire Coverage is insurance that pays for the loss of your home and its contents in the event of a fire. The protection is usually part of a homeowners policy, but it is also available as a separate form of coverage. This type of insurance is most important for those who live in an area where forest fires, hurricanes, or tornadoes are common. Often people have yet to learn that their homeowner’s policy does not cover fire damage and only offers them minimal coverage for other types of disasters like winds or hail storms which are much less common. It is becoming a standard for every home in California to have this type of coverage for added protection.

Wigmore Insurance Agency, Inc. has the expertise to guide you to the best policy. We can help you choose a policy that includes the coverage you need while giving you a discount on your premium. Dwelling fire insurance policies cover homes that suffer from.

1. Theft

The building and its contents are protected against theft, vandalism, and malicious mischief. Firearm insurance and legal liability protection for gun owners are available in this policy section. Homeowners can also receive a discount on their Dwelling Fire Policy if they include Multiple Peril Coverage or Low Level Flood (subject to availability).

2. Fire and smoke damage

The policy will help repair or rebuild your home after damage resulting from fire and smoke. Sometimes, the procedure may help you receive cash to relocate while repairs are made. Homeowners can use the money to rent a place until their home can be fixed or rebuilt.

3. Explosions (check if your policy excludes terrorism)

Explosions caused by terrorism or the detonation of explosives on your property are covered under this policy. Most standard policies cover this only if driven by a nuclear device.

4. Lightning strikes

Lightning strikes and ensuing fires are covered under this type of policy. Standard homeowners insurance policies will only cover up to 10 percent of the total value of your home. A Dwelling Fire Policy protects more than just the area surrounding your home. Other areas covered include:

5. Hail damage

These policies cover hail damage. Damage is usually limited to your home’s roof and other areas close to your building.

6. Loss by theft of money or property

This coverage protects precious (jewelry, electronics, cameras, and cash) or essential documents in a home. You can also file a police report if they are lost or stolen while in your home.

7. Wind damage

Loss by wind is covered under the policy for wind damage. Insurance companies typically require a “certificate of insurance” to be submitted during renewal. This proof of insurance proves that you have purchased adequate coverage in the event of a loss.

8. Vehicles

This type of coverage protects your car from damage caused by hail or wind and theft. You will receive compensation for the cost of repairing or replacing your vehicle. This insurance also provides legal defense for you after an accident, no matter who was at fault. Your premium will increase if you have a flood-prone area in your home or a pool on your property. Wigmore Insurance Agency, Inc.

8. Damage due to the weight of snow, sleet, or ice

This coverage helps you get your home patched up after it’s been damaged by the weight of heavy snow, sleet, or ice. It also covers internal damage if your home seeps water due to an ice dam.

9. Burst pipes

The insurance company covers and repairs Burst pipes if they occur after a policy has been in force for one year. The maximum charge is usually $10,000.

10. Covered are your family and property

You are protected against losses from theft or damage to clothing, furniture, appliances, and other items that belong to you. Your coverage can also be extended up to $ 1 million if you want to cover your belongings on a replacement cost basis. This type of policy is often referred to as a floater policy because it “floats” the level of coverage over a set amount of time.

11. Damage due to flooding

Basements, garages, and outdoor areas can flood when it rains hard enough. Often property damage is caused by water that leaks from pipes or a leak on the roof. This type of insurance helps you get your home fixed up again.

12. Heating and cooling

Damage to your home’s plumbing, wiring, or mechanical system due to freezing temperatures. Electrical damage is one of the most common causes of a flood. The insuring company will repair your plan before paying for new parts. You will also receive a discount if you include Low Level Flood coverage in your policy.

If you live in a high-risk area for flooding, hurricanes, tornadoes, wildfire, or explosions, you will want to contact your insurance agent to discuss a dwelling fire policy that fits your and your family’s needs. If you are still determining how much coverage is required for your home, you can check out the FEMA website for more information. Please contact Wigmore Insurance Agency, Inc. by Phone: at (714) 979-6543 and by Email at www.wigmoreins.com.


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