Do I Need Fire Insurance AND Homeowners’ Insurance?

Do I Need Fire Insurance AND Homeowners’ Insurance?

Insurance policy can be confusing and when it comes to the difference in fire insurance and homeowners’ insurance, information can get a little fuzzy.  In this article we hope to provide you with some valuable insight on fire insurance, homeowner’s insurance and how to not only get the most out of your insurance policy, but be protected as well.

What Is Fire Insurance?

Fire Insurance is a policy offered by insurance agencies to guard against the damage and loss of personal effects due to fire disasters and provides compensation for homeowners and businesses.

Where Did Fire Insurance Originate?

Fire Insurance was started in the 1600’s to protect homeowners’ from the most common natural disaster at the time after a major fire destroyed 14,000 homes.  At the time, the only insurance that was available was homeowner’s insurance which provided coverage for the investors of Maritime expeditions and offered protection of their gold and jewelry in their homes.

What is not included in fire insurance?

  • Water damage from flooding
  • Personal injury
  • Earthquake
  • Mud slide
  • Sink holes
  • Maintenance issues with appliances

In conclusion, you need to ask the right questions to your insurance agent so you can get the most out of your policy, and safeguard against any possible unforeseen risks when it comes to natural disasters or other events such as theft.

Are you looking for fire insurance in South Florida?  Call FIC Insurance Agency today and find out how you can get the best possible rate based on your specific circumstance or need.  FIC Insurance agents are standing by to help you and guide you through the insurance buying process, one step at a time. Contact us at 800- 582-4342 or click here to directed to our contact form and let us help you.