Will your home insurance cover fire damage?

8/26/2020 (Permalink)

Fire damage in Orange County is extremely destructive. You’re not just looking at repairing the physical damage, but there’s the emotional weight that comes with it all. Then there’s the financial cost. One of the first places you’ll look at getting help is your home insurance.

 Will your home insurer cover the fire damage recovery costs? Here’s a look at everything you need to know.

 It Depends on Your Policy

 Unfortunately, it’s not a straight yes or no answer. Not every insurer is willing to cover the costs of fire damage in Orange County. And not all insurance policies with the same insurer will cover it. 

Before you look to claim for your fire damage restoration, you’ll want to check over your individual policy. Look through all the terms and conditions. If you’re in doubt, you can ring your insurer to find out.

 When you come to change your insurance policy, look out for whether the policy will cover fire damage restoration. Even if you haven’t suffered a fire, you’ll want to make sure this possibility is covered for ease of mind.

 It Can Depend on Restoration Company

 Home insurers will often have a list of companies they work closely with. In this case, the insurer will only pay out if you use their list of recommended companies. If you go with anyone else, there’s a high chance that your costs won’t be covered.

 Before you even think about hiring someone for your restoration, you’ll need to double check that the company you want to choose is covered. The best way to find out is to call your insurer to find out.

 The only time a company on the list will be covered is usually if there’s nobody on the list who can help. This may be due to them being out of the area or because they can’t handle the level of damage. You’ll still need to call the insurer first.

 Your Coverage May Be Limited for Fire Damage in Orange County

 While fire damage restoration may be covered, there are sometimes limitations on the exact elements that are covered. In some cases, it’s only the home or the contents that will be covered. If you suffered a fire in a structure on the property that isn’t attached, some insurers won’t cover the cost. 

You’ll find the details in your policy information. Look through all the exceptions and inclusions. As with all the other limitations, call your insurer if you’re not that sure.

 Like for Like Restorations

 Finally, in the majority of cases, the restoration will be for like for like restorations. This usually means that you can’t get an upgrade on the carpets, wall features, etc. If the home needs pulling down due to structural damage, you’ll need to rebuilt exactly as before.

 Any extra additions you install will be out of your own pocket. This is to avoid people taking advantage of the insurance companies.

 The best thing you can do is to check with your insurance company. Contact SERVPRO of Newport Beach for a free consultation.