Insurance Term:

Arson Conviction Reward

Arson Conviction Reward

Some insurers offer a reward for arson or theft conviction relating to damage or loss at an insured property. Offering a reward can help reduce the chance of fraud.

The reward is typically offered to any person, other than a law enforcement officer, who provides information leading to the arrest of the person or persons responsible for the property loss or damage.

Learn more rental property insurance in the event of a fire.

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