Damages due to water are often covered by standard homeowners insurance policies. However, it is important to note that water damages are not always covered by standard homeowners insurance policies. It will depend on the cause of the water damage in most cases. Water damages due to neglect or lack of proper maintenance will not … Continue reading “What Type Of Water Damage Is Covered By Homeowners Insurance?”
How Does Insurance Pay For Fire Damage?
Fire insurance policies offer additional protection to homes and valuables if there happens to be a fire at your home. A fire insurance policy can be defined as a contract between the insurer and the buyer, where the former party guarantees to pay for the loss or damages caused to the home or property due … Continue reading “How Does Insurance Pay For Fire Damage?”
Things You Should Know About Sink Holes Claims
Are you aware of the sinkhole activity that may be taking place beneath your neighborhood? People living in Florida have experience with sinkhole activity that damages their home. These activities cause cracks in the staircases and walls. Not only that, but they also cause massive damage to the property. All the insurance companies in Florida, … Continue reading “Things You Should Know About Sink Holes Claims”
Things You Must Know about Wind Damage Claims
Wind damages can wreak havoc and cause substantial destruction to your house. Hence, insurance companies cover such damages. If the damage appears to occur due to natural disasters such as earthquakes and floods, insurance companies may not pay you any money. It’s so because the damage happening due to such events aren’t usually covered in … Continue reading “Things You Must Know about Wind Damage Claims”
Preparing For Business Interruption Claims
The Covid19 pandemic has resulted in economic disruption not just in the United States, but all over the world. The stay-at-home orders and widespread panic made several businesses suffer heavy losses over the last year. Businesses that have suffered massive losses will now be trying to get potential financial recovery from their insurance companies. Most … Continue reading “Preparing For Business Interruption Claims”
When Should You File For Shower Pan Leaks Claims
The shower in most bathrooms usually contains a shower pan. If the shower in your bathroom doesn’t come with a shower pan, then you may be planning to add one during remodeling or retrofitting. Homeowners who are planning to do that should have a basic idea on what will happen if the shower pan gets … Continue reading “When Should You File For Shower Pan Leaks Claims”