So if it turns out the California fires were arson, are the homeowners insured, or do the insurance companies?

4 Responses to “So if it turns out the California fires were arson, are the homeowners insured, or do the insurance companies?”

1. acermill says:

   June 12, 2009 at 7:53 am

   Insurers cover losses from arson, as long as the arsonist is not also the homeowner involved in the coverage.
   References :
2. kh says:

   June 12, 2009 at 8:09 am

   well unless the arsonist owns the home, the homes are covered.
   References :
   agent
3. Judy says:

   June 12, 2009 at 8:37 am

   The homeowners would be insured unless they were proved to have been the arsonist and set fire to their own home.
   References :
4. mbrcatz17 says:

   June 12, 2009 at 8:51 am

   The only time they don't pay out on a homeowners policy for an arson fire, is if the homeowner burns their OWN house. And even then, they STILL have to pay the mortgagee, up to the payoff of the house, or the policy limit, whichever is LESS.

   So, if you set your own house on fire, the insurance company won't pay YOU for burning down your own house. But they'll pay off your mortgage. And if it spreads to the house next door, THEIR insurance will pay THEM.

   So yes, the homeowners are covered, unless one of them set the fire. In which case, the one who set the fire won't get a dime.
   References :
   agent, 21+ years