After a Flood - When will Insurance Companies Pay Up?
Whether it’s from natural causes, human error, or faulty hardware, floods in your home can happen and are quite a mess to clean up. The damage to your home and/or property can be so extensive that it could even result in you vacating the premises until the mess can be dealt with properly.
Not only can this be a stressful time, but it can also end up costing you quite a bit in clean-up, repair services, and property damage or replacement. But, if you are like the majority of homeowners, you have insurance coverage that may take care of the costs associated with it all. So, when will you actually see the money?
The most frequent type of loss reported in the insurance industry is water damage. The coverage from the insurance company depends on if the leak was caused by something noted on your actual policy. Standard homeowner policies mostly provide coverage that is caused by a ‘sudden and accidental’ incident but will not cover anything that is maintenance-related.
What does that mean exactly? For example, a rainstorm has caused water to leak through your roof. The roof is damaged, along with some fixtures in your home. So, what are you covered for? You’ll most likely be reimbursed for the damage to your home, but not the roof repair, as this is considered a ‘maintenance issue’ and should have been addressed beforehand.
At the first sign of water damage be sure to call Taylored’s 24-Hour Emergency Restoration team, as the single most important thing you need to do is mitigate the damage. Our trained professionals will do whatever they can to safely prevent more water from entering the affected area and to reduce ongoing damage. If patching up a section of the roof is necessary, we’ll do it. Or, if an area of your home needs to be pumped out, we’ll do that too. We will take care of everything and work with your insurance company to make sure you have peace of mind during this difficult time.
Our team is ready to spring into action at any hour of the day or night. We’ll work with you to keep track of the cost of immediate repairs to ensure your insurance company will reimburse you. Remember, always notify your insurance company as soon as possible if you plan on filing a claim. Being prepared will help soften the blow if you ever experience water damage. Teaming up with us will be the best decision you've ever made!