Water damage claim denied.
These are the four words no exhausted homeowner or renter wants to read. Yet, they may be the most common response to a homeowner’s claim for water damage.
Picking up some key water damage insurance claim tips is key to skipping this frustrating end to the ordeal. Here’s what you need to know about giving yourself the best chances of water damage claim approval.
Know What Your Policy Covers Before It’s Too Late
Water damage insurance is a broad term: Without reading more about it, it’s tempting to assume that it’ll reimburse you for any kind of water damage. That assumption is far from the truth.
If you’re at all responsible for the damage or if it’s an ambiguous situation, most insurance won’t cover it.
To be sure before you try to file a claim, read all the insurance documents before you sign. Read them again every time your policy renews, or any time you wonder for a single second whether something is covered. When you notice damage, read the list of covered perils before filing.
Get Set up With Flood Damage Insurance
Few policies cover flooding unless you pay extra to put flood insurance on the covered water damage insurance claim list. If you live in an area prone to flooding, the cost of this added insurance is more than worth it.
Sure, you might not need to file a flood damage claim. This insurance often isn’t a requirement and you may be able to get away with it.
Yet, would you avoid paying for health insurance because you might not have a heart attack?
Of course, you wouldn’t do that, so why roll the dice with flood damage insurance? It’s a must-have if you want your insurance to pay when everything in your basement is floating in a foot of water.
Watch for Signs of Potential Water Damage
As important as it is to have water damage insurance and to know the water damage insurance claim process, it’s better to avoid water damage altogether. Keeping an eye out for signs of water damage can help you avoid hundreds, even thousands of dollars in repairs.
Make a list of all the places around your house that are prone to water damage. Note the condition of your pipes, faucets, and so on when you use them. Take a close look at each potential problem spot on a regular schedule and take care of little problems before they turn into major issues.
If you’re not sure whether you’re skilled enough for a given repair, don’t wait to call a professional. Shoddy DIY repairs often fail down the line and insurance will hold you responsible for any damage. That means they won’t pay you!
When you call professionals for repairs and maintenance, you can hold them responsible for any problems they cause. Your chances of water damage insurance reimbursement rise when you make this move.
Water Damage Insurance Claim Tips and More Valuable Insight
After reading these water damage insurance claim tips, you know how to put the odds of approval in your favor. Doing these simple things will make handling these difficult situations as painless as it can be.
If you want more helpful information like these tips, take a look around our blog!