How will Bill’s insurer respond after his claim for loss due to an electrical fire and theft in his new home?

Bill's insurer will cover both the fire damage and theft because standard homeowners insurance policies typically provide coverage for damages resulting from fire and theft, assuming the loss falls within the parameters outlined in the policy. Most policies include dwelling coverage for damages to the home from fire, which is considered a covered peril. In addition, personal property coverage usually extends to theft, ensuring that personal belongings lost due to burglary or theft are also compensated.

When filing a claim, the insurer will assess the situation to confirm that the damages are indeed covered according to the terms of Bill's policy. As long as Bill's home was insured, and there were no exclusions related to construction status that would nullify the claim—provided he had moved in and the policy was active—he should rightfully receive compensation for both the fire and theft damages.

Thus, the correct interpretation of the insurer’s response in this context is that both aspects of the claim will likely be addressed under Bill's homeowner's policy, aligning with the expected coverage for such incidents.