Do people whose houses get burned down get a free home from there insurance?

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do the people in the Maui fires get a free home or have there houses rebuild if they have home insurance? Idk how home insurance work they never thought me this when I went to school

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Anonymous 0 Comments

No, your insurance estimates the value of your home and the things in it. They do this when you first buy the house and get insurance. If you have fire insurance in your policy and they determine the damage was caused by something your policy covers, they will pay you that amount, minus your deductible.

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