Quote from: redbaron007 on August 06 2015 04:12:44 PM MDT
There are two types of coverages in a homeowners policy: personal property and liability (negligence). Neither are dependent on each other.
Not to be offensive.....but based upon your 'what if' scenario; I don't think you have a full understanding of the coverages and exclusion contained in a homeowners policy. Without having to go into a lengthy dissertation, your 'what if' conclusion is inaccurate. Some illegal acts may be covered under liability; some intentional acts may also be covered under liability. You may have watched too many CSI and Law & Order shows.
If you were not intending to offend, what was the purpose of the statement, "You may have watched too many CSI and Law & Order shows?"
My concern is raised from the memory I have of my policy stating that, and I paraphrase, "doing illegal stuff may void your policy." So, my fear would be that my house catches fire because of X and the insurance company says something like, "Your house would not have been much of a loss without all that ammo inside. Thus, we are not going to pay because it was illegal for you to have that much ammo and the policy says right here that 'doing illegal stuff may void your policy.'"