[Source: http://assets.nydailynews.com]

Are you looking for a Dwelling Fire Policy for your Tennessee rental property?

According to the US Fire Administration web site, intentionally lit fires in 2008 resulted in a loss of $866,000,000 in property. Whether these are covered by insurance will sometimes depend on whether or not the fire was lit by the owner of the property. Investigators know a thing or two, so setting fire to your own property is unlikely to be the way to a payout. The evidence will tell the story and the insurance company will not pay. If on the other hand the fire was lit by an arsonist, then the insurance company is likely to cover your loss – subject of course to you actually having a policy and meeting their conditions.

But most fires are started quite innocently, with the top cause being kitchen fires and another being fires caused by the careless disposal of cigarettes. For properties that are rented, consider installing a fire extinguisher in the kitchen, ensuring that it is maintained and that your tenant knows how to use it.

Fire insurance coverage will certainly help cover the costs of damage to your property caused by fire, but insurance won’t cover anyone’s lost memories or loved ones, so anything you can do by way of prevention is well worth the effort.

The friendly agents at Adam & Associates Insurance are waiting for your call to discuss your Tennessee insurance needs.