Woman accused of burning down own bakery for $2.7 million in insurance claims

A woman has been charged after police allege she set fire to her own bakery in Western Australia to claim insurance.

The fire erupted at a bakery in Spender Park, Albany, on Saturday, October 12, at about 2.10pm.

Firefighters extinguished the blaze but there was significant structural, roofing, and smoke damage to the premises.

READ MORE: The amount of super Aussies need to be able to retire

The damage cost was estimated at $955,000.

Detectives will allege the 50-year-old woman intentionally set the fire, and that she lodged an insurance claim relating to it a few days later.

Her policy stated she was entitled to $500,000 for contents insurance, and a further $2.2 million to compensate for lost business.

The woman will appear in court on December 12.

DOWNLOAD THE 9NEWS APP: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play.