Smoke inhalation Smoke caused by fire can lead to serious respiratory complications, such as asthma, lung cancer, and allergies.​​ Structural damage Water and fire can severely compromise your property's structure, resulting in the weakening or collapse of building materials like wood, concrete, and steel, making it an inhabitable place for you and your family. Mold and mildew Water can create the perfect environment for mold and mildew to grow, leading to serious health complications. Electrical hazards Electrical wiring can be exposed and compromised, resulting in shocks and more fires. Property Loss These types of incidents can lead to costly property loss and irreparable harm. Decreased property value Fire damage can reduce a home's market value, as potential buyers may perceive it as risky or associate it with negative experiences. ​Temporary displacement After a house fire and water incident, homeowners may need to find alternative housing while their home undergoes repairs or reconstruction. This displacement can cause inconvenience, additional expenses, and stress to adjust.