The losses caused by the recent fire are tragic. The number of families affected by the loss of loved ones continues to grow. Countless people have lost friends, co-workers, and been impacted by the lives claimed. The loss of human life carries grief and brings an emotional pain that is impossible to articulate. The fire
fire losses
Intentionally Set Fires or Arson
By Steven V. Buckman on
Posted in Homeowners' Insurance
Arson or intentionally set fires cost insurance companies $593 Million every year. It is estimated 5% of all residential fires are intentionally set. It is imperative for insurance adjusters to watch for suspicious claims involving house fires. Things to watch for include:
- Vacancy – 41% of intentionally set fires occur in vacant buildings
- Ignite mainly
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