When does a fire policy expire?

The expiration of any insurance policy will occur if the current premium is not paid, or when the policy is of a finite duration and is not renewed.

Additionally, an insurer may have the right to refuse to renew a policy under certain circumstances. This is not expiration per se, but instead, it may result from the risk no longer meeting the underwriting requirements of the insurer. Essentially, these lay out the metes and bounds of the risks that the insurer is willing to assume.