Most fires involving either masonry or prefabricated metal chimneys occur because of improper installation, use or maintenance. Here are a few of the most common causes: chimney installation too close to wood framing; thermal insulation too close to the chimney; and, passing the stovepipe or chimney through a ceiling or wall, causing ignition of wood framing. Also, always operate your appliance within the manufacturer's recommended temperature limits. Too low a temperature increases creosote buildup, and too high a temperature may eventually cause damage to the chimney and result in a fire.
Like home or auto insurance, mortgage insurance requires payment of a premium, is for protection against loss, and is used in the event of an emergency. If a borrower can’t repay an insured mortgage loan as agreed, the lender may foreclose on the property and file a claim with the mortgage insurer for some or most of the total losses.