Did you just realize that you have a flood in your house? If the water damage didn’t happen at a moment’s notice and is considered “gradual damage,” it probably won’t be covered by your homeowner’s insurance policy. If the water landed on the ground and flowed into your home, that also isn’t covered. It is in …
Water Damage Not Covered By Most Insurance Policies Read More »
Plumbing that leaks over time, can be costly and aren’t covered by your home insurance. You should check your plumbing every once in a while to make sure a leak isn’t happening right under your nose. If the insurance adjuster sees that you didn’t do preventive maintenance to your property, your water claim might not …
A standard homeowners insurance policy (aka HO3) will cover water damage to the home or personal property within the home only if it’s determined that the cause was sudden and came from inside the house. Certain weather-related perils that cause water damage may also be covered in a standard policy. Unless you have an open-peril …
When Does My Standard Homeowners Insurance Cover Water Damage? Read More »
An HO3 policy is a basic homeowner’s insurance policy. It’s basically just a contract between you and your insurer. You agree to pay a monthly fee, called a premium, and in return, they cover you and your property when things go wrong. Well, to some extent they do!! What is usually covered in an HO3 …
Coming home to a kitchen full of standing water or a basement with a pipe gushing water is scary but don’t worry, If it happens to you it’s something you can totally have control over. In this article, we walk you through the SIX steps you’ll experience in filing a water damage claim Here is …
6 Steps to Follow: From Water Damage to Insurance Payout Read More »
Did you know that according to the Insurance Information Institute, one out of every 15 homeowners who have home insurance file a claim each year? Many of us think that just because we have had our homeowner’s insurance coverage forever and paid our premiums that we are covered when a claim needs to be filed. …
Disputing a Property Insurance Claim Denial or Payout Read More »
Homeowners and business owners often make several errors that can delay their property insurance claim, impact their insurance payout, and even determine if their insurance company will even cover their insurance claim: Do call for help immediately: A property restoration service company, emergency plumber, and board up company often are available 24/7 to help you …