Should I commit Arson for insurance money? (No, no you should not) Q and A

Q: If a homeowner burns thier house down (arson). Would the homeowner have a any claim on thier homeowner's policy? 

A: Frank to answer your question very simply: NO!! In a case were a policy holder sets his or her home on fire intentionally to get money from their insurance company, they have committed fraud!! It is also a federal crime, known as ARSON, and punishable by imprisonment. Being convicted of arson typically results in a 10 year prison sentence, fines, and possibly will result in never being able to get insurance again. This is in addition to probably having to finish paying off the mortgage on the property and having a criminal record. I hope this helps you with your question.  

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