It’s difficult to zero-in on the specific cost of a single peril within a home insurance policy. The overall cost of a policy is determined by many factors, including the location of your home, its size, the condition of the structure as well as how much it would cost to replace in the event of damage. Fire risk is one of the most crucial factors that insurers consider when drawing up a policy. As a result, any steps a homeowner takes to mitigate fire risk can help reduce the premium. For example, your distance to a fire station will affect home insurance rates, as will how far you are from a fire hydrant. In fact, you can get a fire hydrant discount on home insurance depending on how close you are to one. While most home insurance policies do cover fire damage, some providers offer fire insurance on its own. Though these types of policies are not often written, they are available. They only protect against fire-related damage. This means that you won’t be protected against other perils covered by a comprehensive policy. You’ll be foregoing coverage for perils like water damage, hail and wind damage, broken windows, theft as well as additional living expenses and liability protection.