Definition of "Arson"

Patti Bowman & Lisa Bowman Zeiter, Associate Brokers real estate agent
Patti Bowman & Lisa Bowman Zeiter, Associate Brokers, Real Estate Agent Group One Sotheby’s International Realty

Actual or attempted malicious and deliberate burning of a physical asset owned by another party. Coverage against arson is provided under property insurance, but only if the insured has not committed the arson. The property insurance business has long worked to discourage arson and to prosecute arsonists.

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