Fire blankets are a cost effective, but often under-utilized tool for extinguishing small fires around the home. They work by cutting off the oxygen a fire needs to burn. When shopping for a fire blanket you will be faced with options ranging from the type and quality of flame resistant material used, to the size of the blanket itself, all of which will have an impact on its performance. We have done a lot of the research, and have narrowed it down to three of the best models currently on the market.