Water Damage

Water DamageMany home insurance companies will not cover for flood damage, but they will cover for other kind of damage caused by water. Insurance companies will generally pay for the damages that is caused by rain coming through hole in a window or roof, provided the hole is caused by winds or other covered exposure which has been listed in the home insurance policy. Check with the insurance company whether they will cover for water damage. If there is any indication of problem caused by water inside your home never ignore it.

Find the source for the leak and stop the leak immediately. If water keeps leaking in your property, then moisture gets collected and mold starts developing in your property. Due to mold, your property could be damaged and further lead to health problems. The health effects caused due to mold exposure are cough, running nose, nosebleeds, sinusitis, congestion and respiratory problems such as bronchitis or asthma. Your home insurance company will consider the damages caused by mold only if, this is a covered peril. Report the water damage claim immediately to the insurance company representative or insurance agent.

By chance your house is flooded with water suddenly, it is very important that you dry all the wet areas. Provide sufficient air circulation so that the wet areas dry soon. Dehumidifying and drying wet areas can minimize the occurrence of mold. Delay in cleaning up can conclude in growth of mold. If the water keeps leaking continuously for a week or more, mold would have been already developed. If you try to clean the mold at this point of time, mold spores may spread out to cause health problems and property damage. As the mold is very dangerous to health, do mold testing and mold cleanup as soon as the mold is detected. After the leakage, if you doubt presence of mold, call up your home insurance adjuster immediately.

Insurance Coverage You May Need

Insurance CoverageTo protect your home from any financial crisis due to destruction or damage by fire, hail, storm or be even theft or other perils listed under your policy, home insurance is necessary. Kansas home insurance policy will pay up to your policy limits to replace or repair your property. You need to be aware of what your policy covers and how you can benefit through it. Before buying a Kansas home insurance policy, check for its terms and conditions to avoid surprises. Ensure to read your policy carefully. Also know about the claim process and coverages included in your policy.

  • Wind and hail coverage: Most of the Kansas home insurance companies exclude certain losses which depends on your home location. However, you might ask for endorsement to include wind and hail damage provided you reside in such environment experiencing heavy wind and storms. Some companies only cover actual cash value of your home rather than replacement cost, depending completely over condition and age of your home.
  • Mold coverage:Mold remediation is not covered by most of the home insurance policies.If covered, then only up to a certain limit of replacement or repair of damaged property will be considered when caused by water loss. But there are few companies which offer coverage to accidental and sudden water leaks via endorsements. Check with your insurance agent before you decide on your policy.
  • Flood Insurance: Kansas incurs highest number of floods every year and damages caused by floods have hazardous effect. Flood damage is not covered by Kansas home insurance policies. In order to protect your home from this peril, you need to buy a separate policy called flood insurance from NFIP. National Flood Insurance Program helps you and your family to cover the risk due to floods.

Home Insurance In Short

  • Home Insurance In ShortIf a tree falls – A standard home insurance policy covers damages to you, if a tree falls on your house. In addition, the policy would cover for the removal of the tree up to the policy limits they have. However, if a tree by chance falls on your property and doesn’t hit any structures or a vehicle, the home insurance policy would not cover the cost for tree removal. The cost of replacing trees or shrubs is generally covered if the loss is due to vandalism, theft and fire but not wind.
  • The family Picasso – If you collect art, antiques or other valuables, be sure your agent knows. Keep documentation of the worth of these items in a safe place. Understand the limits and exclusions of your policy and any endorsements. If you have particularly valuable items or ones where the value might be disputed, you might want to hire a reputable appraiser.
  • An act of nature – Sometimes the term, act of god is used to refer to a natural disaster such as a tornado. Most home insurance policies cover losses caused by natural occurrences, excluding earthquakes and floods.
  • Not covered – Typical exclusions of a home insurance policy are earth movement (without an earth-quake endorsement); damage caused by a sinkhole or groundwater; rot, decay, cracking or settling; defects in materials or workmanship; damage caused by vermin, insects, rodents, domestic or wild animals, or general wear and tear.
  • Mold exclusions – Many home insurance companies have added mold exclusions or limitations to policies. Insurance, by its nature, is for sudden and accidental events; mold is neither. While mold is not a large issue in Colorado as in some other states. The Colorado Department of Insurance does not have the authority to mandate such coverage but does require home insurance companies to provide very clear notice to its insureds of any exclusions or limitations.

Securing Home Against Water Damage

Prevent Water DamageRising losses of mold damage and water damage have terrified the insurance companies. Insurance companies cast out your home if a single report related to water damage. One of the cited reasons in claims on home insurance  is water damage. One should not get surprised by the causes of it because there are many possibilities. It may be caused due to bursting of pipes, heavy rain and bathtub overflowing. If there is a leak in the roof, pipes burst suddenly, when the water flows from the washing machine, sink, or dishwasher then the home insurance might probably pay. But you should prove to the insurance company that the damages caused were beyond your control and unintentional.

What’s Covered ?

Insurers liability is often related to water damages and does  not help to the repair any of the appliances. For your appliance to be repaired you will have to pay from your own pocket. There are wide range of problems caused by plumbing. It includes from a small leaks to flooding of the house which is a big problem. It is better that the owner notify the insurer in prior if the home insurance will cover the plumbing line links. If you maintain your house properly then your home insurance company will not reject your claims with water damages. You should eliminate the opportunity to shift blame on your house as lack of maintenance.

Annual check of the entire house and necessary repair and maintenance work should be done time to time rather than checking it every month. Roof, water system, ceiling of roof and inspection of  the pipes are included. Those that are not in your hands and out of control cant be avoided but try to prevent water damages so that your home insurance will handle it. To minimize the occurrence, mold covering, dehumidifying the wet areas and drying can be done.

Drain Your Home from Water Damage

Prevent Water DamageThere are certainly many ways by which a water damage can occur. Whether you live in own house, apartment, rented house or a condo, you will be a victim of water damage one day. In Ohio, often reported damage is majorly due to leaky bathroom sink or flooding due to heavy storms. However, water damage can occur as a result of  burst pipe, leaking roof, malfunction in pipe, sewage over flow or due to natural disasters such as tornadoes, floods, hurricanes, storms. Any type of standing moisture or water is capable enough to cause water damage. An immediate response within 48 hours is necessary in order to prevent mold growth and potential further damage.

Severe Impacts

Water damage when ignored or not looked upon sooner, causes microbial growth and increases damage over time. Within few hours, wood finishes and furniture legs swell and begin to bleed. Metals will tarnish, dry walls will swell and soften and you smell bacterial odor. When left for days, it results in permanent damage to metal, wall coverings and plastering. Paint will blister, wood structure will warp and if you do not take any preventive measures, you create a room for fungi, mold and other microbial organisms. Contaminated water can cause many water borne diseases, few such as cholera, typhoid, dysentery can be cured and many may not.

Steps to Prevent Water Damage

A thorough inspection of your house is a must before you go for a vacation or leave home alone for long time. Water leakage can occur in kitchen, bathrooms, roofs, laundry room and even unknown spots. Check hoses and pipes of dishwasher, refrigerator, sinks, washbasins, tubs and toilets to confirm there is no leakage. Keep debris out of gutter, ventilate roofs to reduce moisture segregation. Make sure your house is properly equipped and modern techniques are implied much before you buy or rent a home. If any leakage is found, call an expert water damage technician to your premises to evaluate the situation. Leave it to them to take control of the emergency upon their arrival.

Remember, when an insurance agent evaluates your home he will check for any leakage or water damage occurrence. If found, it can increase your premium rates in turn burning a hole in your pocket. A fully equipped home, plumbing update, roofing update, renovation done to curb the water damage will fetch you discounts on your home insurance policy.

The Differences Between Roofing Material and How it Relates to Insurance

Learn How Roofing Material Benefits YouTexas homeowners may not realize it, but the type of roof you have may actually affect the rates you pay for homeowner’s insurance. Aside from the fact that older roofs are more likely to need repair or replacement, the type of roofing material will sometimes change the amount of your insurance premium.

When an insurance company writes a policy to insure a home, they look at a number of factors including the age of the home, the condition it is in and how susceptible it might be to damage from elements such as wind, rain and fire. The roof is actually one of the most important parts of a house’s structure that insurers pay close attention to when assessing the risk premium.

When it comes to different types of roofing material, insurance companies will look at such factors as how well it will hold up to rain and hail, whether or not it is fireproof and how long of a useful life it may have. If you already have a roof that has not exceeded its useful life, there is not much you can do to change the premiums you will pay. On the other hand, if you need to replace your roof, you may consider some more insurance-friendly types of material. The more likely that you will need to repair or replace your roof, the higher the premium will be.

An asphalt shingle roof is inexpensive but usually only lasts 15-30 years. It is also susceptible to mildew and mold. Insurers do not like this type of roof too much. Wood shingles are attractive on a cottage or bungalow and can last 30-50 years, but they are flawed because not only are they a fire hazard but also prone to rotting, splitting, mold and mildew.

The more expensive metal, tile and slate roofing options are all fireproof or fire-resistant and with proper maintenance can last 50 years or longer. You may get a break on your insurance rates if you choose to invest the money for one of these durable and attractive roofing options.

Tailored home insurance for home owners

Tailored NeedsHomeowners insurance policies are designed for benefit of the owner to protect homes from a loss. They often cover the structure of the home, by determining a dollar amount for rebuilding in case of damage, and any detached buildings located of the premises, such as sheds or garages. Personal property is also covered under the basic structure of the home policy as well as loss of use; which pays for a family to live at another home while the home is being worked on. A homeowners policy can also be tailored to the needs of the owner by adding endorsements to the basic coverages

  • Valuable items coverage. The policy owner can endorse expensive items, such as artwork, jewelry, and even computers on the policy for the valued amount.
  • Water backup coverage. Will protect a house from water damage from water backing up into the house through a drain or an overflow from a sink or tub.
  • Mold coverage. This may be an expensive endorsement, but it protects home in Texas from mold damage and clean up.
  • Ordinance coverage. Older homes that are being rebuilt will sometimes have to be built according to current building codes. For example, in a city in which houses must be built a certain distance from the street, a older home may have to be moved back. Ordinance coverage pays for the home to be built to code in addition to the cost of rebuilding from a loss.