National Adjustment Services
Water is life, but it can be destructive, too, to properties. Floods, storms, hurricanes, and pipe leakages can all cause significant damage to residential and commercial properties. Fortunately, several insurance companies have established themselves on the market to compensate water damage victims. However, many property owners are unaware of the best tips to follow when filing these insurance claims, making this article a necessity.
File Fast
Delays in filing water damage insurance claims can cost property owners substantial amounts and a lack of proper or delayed compensation. According to Ruby Home, one can spend up to a maximum of $100,000 to repair water damages, mainly when they affect stones, walls, hardwood, and other structural materials.
Know what is Covered
These insurance claims cover different damages, varying from one state to another. It is possible for providers in one state to insure properties against floods and storms but not against pipe leakages.
Damage Documentation
Providers always ask for proof of water damage before they can address any insurance claims. Property owners must submit evidence of the destruction. This may be in the form of videos, photos, or a detailed written document.
Drying Stagnant Water
Standing water can lead to the fast spreading of mold, affecting the structure and the occupants’ health. Health professionals confirm that mold can cause allergic symptoms, such as sneezing, watery eyes, itching, and coughing. Property owners should consider professional water damage and restoration contractors to pump out any stagnant water and dry the affected areas.
The number of properties experiencing water damage has increased in the current generation. Insurance providers are there to offer compensation according to their terms. However, property owners should play their part, including making their structures flood proof, maintaining the plumbing systems, and understanding what their home insurance covers.
