What will happen when my house burns down in a wild fire? Will I have a new house built, or will I live in another one somewhere else?

  • by Cam
  • Jul 21,2017
  • 6 answers

What will happen when my house burns down in a wild fire? Will I have a new house built, or will I live in another one somewhere else?


LIKE OR DISLIKE:

  

Insurance Answers (6)

Samantha Barone 6 months ago

Either or. Lol

Help others find the most helpful reviews
Was this review helpful to you?  

mokrie 6 months ago

It all depends on whether you have good insurance and want to stay in a burned black landscape or move. If you have no insurance then you will be homeless or have to beg family members to take you in.

Help others find the most helpful reviews
Was this review helpful to you?  

HankMoody 6 months ago

Depends if you have home insurance

Help others find the most helpful reviews
Was this review helpful to you?  

Retirements' a Hoot 6 months ago

If you had adequate insurance coverage on your home, it will be rebuilt.
If you did not have enough coverage to have the home rebuilt, you will receive a percentage of the value of your home based on the percentage of full coverage you have purchased. Take the percentage you receive and go look for another home with less value than the one that burned.

Help others find the most helpful reviews
Was this review helpful to you?  

7Flightsup 6 months ago

If it's insured, they'll rebuild it.

Help others find the most helpful reviews
Was this review helpful to you?  

amy lynn 6 months ago

That really depends on YOUR INSURANCE POLICY.
Some policies FORCE you to REBUILD in the same location unless the actual ground is unfit to rebuild. (example would be ground erosion or sink holes that caused the destruction of the house.)
Some policies allow you the option to rebuild or relocate.

Help others find the most helpful reviews
Was this review helpful to you?  

Post a Answer

Your comment was successfully posted!

Or use your account on Blog

Error message here!

Hide Error message here!

Forgot your password?

Or register your new account on Blog

Error message here!

Error message here!

Hide Error message here!

Lost your password? Please enter your email address. You will receive a link to create a new password.

Error message here!

Back to log-in

Close