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You should have either an ABC or K-rated fire extinguisher in the kitchen. ABC fire extinguishers put out wood, trash, paper, plastic, and textile fires along with grease, oil, gas, kerosene, and electrical fires. A class K fire extinguisher is specifically rated for use in the kitchen and is designed to extinguish combustible cooking materials, including grease and fat. 

If your oven is new, then it’s likely that the oven smoking is due to it being a new unit. In this case, you don’t need to worry about the oven smoking. However, if your oven is old, you can’t identify any burnt food or grease that could be behind the smoking, or you have concerns about the heating element, then you should hire an oven technician to inspect your unit.

Regular inspections, using dry wood, and installing chimney caps help maintain efficiency and safety.

Wood-burning fireplaces typically make homeowners insurance more expensive, simply because they increase the risk for a fire in your home. Gas and electric inserts are less likely to bring up your insurance rates, but you should always speak with your agent to understand how installing any type of fireplace will affect your premiums.