A fire can be devastating, causing structural damage, loss of personal property, and long-term smoke contamination. While most insurance policies cover fire and smoke damage, disputes can arise, making it difficult to recover fully.
At FairVantage, we help property owners navigate the claims process to ensure they receive a fair and accurate settlement.
What Does Insurance Cover?
Most homeowners' and commercial property insurance policies cover fire and smoke-related damages, including:
✅ Structural Damage – Coverage includes damage to walls, floors, ceilings, and foundations caused by fire, heat, or smoke.
✅ Roof & Exterior Damage – Fire can weaken roofing materials, siding, and exterior walls, requiring full or partial replacement.
✅ Smoke & Soot Damage – Smoke residue can permanently stain, corrode materials, and create hazardous air quality.
✅ Water Damage from Firefighting Efforts – Water used to extinguish the fire often causes additional property damage, which may be covered.
✅ Personal Property Loss – Insurance typically covers furniture, clothing, electronics, and other personal belongings damaged by fire or smoke.
✅ Temporary Housing & Business Interruption – If your home is uninhabitable or your business cannot operate, policies often include loss-of-use or business interruption coverage.
Common Exclusions & Limitations
🚫 Arson or Intentional Acts – Damage caused by intentional fire-setting is not covered.
🚫 Negligence & Poor Maintenance – If the insurer believes negligence contributed to the fire (e.g., faulty wiring ignored over time), the claim may be denied.
🚫 Smoke Damage Exclusions – Some policies limit coverage for smoke damage if the fire did not directly impact the structure.
🚫 Business Inventory Limits – Commercial policies may have limitations on coverage for inventory, requiring additional endorsements.
Steps to Filing a Fire & Smoke Damage Claim
1️⃣ Ensure Safety First – Wait for fire officials to declare the property safe before entering.
2️⃣ Document the Damage – Take photos and videos of all affected areas, including burnt structures, smoke damage, and water damage. Keep inventory lists of lost personal property.
3️⃣ Secure Your Property – Prevent further damage by boarding up windows, covering openings, and arranging temporary security if needed.
4️⃣ Contact Your Insurance Company – Report the fire and start the claims process as soon as possible.
5️⃣ Request a Professional Inspection – Smoke and water damage can be hidden. A FairVantage expert ensures all damage is accounted for.
6️⃣ Keep Records of Expenses – Track temporary housing costs, repair receipts, and any other fire-related expenses.
7️⃣ Review the Settlement Offer – If the insurance company undervalues your losses, you have the right to dispute the payout.
How FairVantage Can Help
At FairVantage, we:
✔️ Conduct detailed damage assessments to ensure all fire, smoke, and water damage is accounted for.
✔️ Review your policy to maximize coverage for structural and personal property losses.
✔️ Negotiate with insurance adjusters to help secure a fair settlement.
✔️ Assist in disputes, appraisals, and mediation if your claim is denied or underpaid.
