Fireworks are a staple of American culture on the Fourth of July, but many people don’t know if their homeowners insurance policy will cover them in case something goes wrong. The answer is… it depends. Each home insurance policy is different, so you will need to read your specific policy to see if fireworks are covered. Generally speaking, most policies do not cover fireworks-related accidents, but there are a few exceptions.
In this blog post, we will explore whether or not homeowners insurance covers fireworks and what you can do to protect yourself if you decide to light off some rockets this Independence Day!
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The Coverage
As we mentioned before, most homeowners insurance policies do not cover fireworks-related accidents. This means that if you accidentally start a fire or injure someone with your fireworks, your insurance company will most likely not pay for the damages.
The Exceptions
However, there are a few exceptions to this rule. Some policies may offer limited coverage for fireworks-related accidents, and some insurance companies may offer special endorsements or riders that you can add to your policy to cover fireworks.
It’s important to note that even if your policy does offer coverage for fireworks-related accidents, there is usually a pretty high deductible (the amount of money you have to pay out-of-pocket before your insurance kicks in). So, even if you are covered, you may still have to pay most of the damages yourself.
What You Can Do to Protect Yourself
If you want to be extra safe this Fourth of July, there are a few things you can do to protect yourself in case of a fireworks-related accident.
Follow The Law
First, make sure you are using fireworks in a legal way. This means following all local laws and ordinances regarding the use of fireworks. Don’t get in the habit of driving to other states to buy their fireworks and then driving them back over state lines.
Have a Plan
Second, have a plan in place in case something goes wrong. This plan should include things like having a fire extinguisher on hand and knowing how to properly dispose of used fireworks.
Consider Special Insurance
Third, consider buying special insurance to cover your fireworks. This type of insurance is sometimes called “inland marine” or “floaters” insurance, and it can protect you from damages caused by fireworks.
Use Common Sense
Fourth, make sure you are using common sense when setting off fireworks. Don’t drink alcohol while handling fireworks, don’t point them at people or buildings, and make sure you have a clear area around you.
Fireworks Can Cause Serious Problems
While fireworks can be a lot of fun, it’s important to remember that they are also very dangerous. Every year, people are seriously injured by fireworks, and homes and businesses are destroyed by fires started by fireworks. So before you light off any rockets this Fourth of July, make sure you are aware of the risks and take the necessary precautions to protect yourself.
What If Someone Else Causes a Fireworks Accident On Your Property?
In the event that someone else causes a fireworks-related accident on your property, their home insurance policy should cover the damages. However, if they don’t have insurance or their insurance doesn’t cover fireworks accidents, you may be stuck with the bill. That’s why it’s always a good idea to make sure your neighbor has adequate homeowners insurance before letting them set off fireworks on your property.
Final Thoughts
Homeowners insurance does not typically cover fireworks-related accidents, but there are a few exceptions. It’s important to read your policy carefully and understand what is and is not covered. You can also buy special insurance to cover your fireworks, and you should always follow the law, have a plan in place, and use common sense when handling fireworks. Remember, fireworks are fun but they can also be very dangerous. Handle them with care!
