The best time to buy homeowners insurance is yesterday. The next best time is today. Waiting until after disaster strikes will set you up to pay a hefty sum for repairs. Every homeowner should consider purchasing flood insurance – even if they do not live in a flood zone. Homeowners insurance alone does not protect you from all types of water damage. It only protects you from sudden, unexpected events, such as a water pipe bursting. That should provide some peace of mind, but vigilant homeowners should consider these facts before finalizing their homeowners insurance.
INSURANCE CAN COVER THE COSTS OF REPAIRS
The very first thing that needs to be done after a flood is to remove the water. Specialized equipment may be needed for this to happen. Renting this equipment can be expensive, and it can be hard to find. Hiring a professional disaster restoration company after a flood is recommended. Leaving water behind can cause future problems and cost more money down the line. Insurance may cover some of the cost as well. This will be dependent on your policy, so make sure that you speak to your agent today.
WHAT CLEANUP DOES IT COVER?
Homeowners insurance takes the pressure off of you when disaster strikes. There may be a small deductible to pay. This price is minuscule when compared to paying out of pocket for the entire cleanup process. If your home has suffered a flood, knowing exactly what your insurance will cover is important. Usually, it will cover a standard list of cleanup services.
It can pay for draining out the water. As we mentioned, getting rid of the water can be expensive, and it’s the most important part. Allowing water to sit for long periods of time causes mold to grow. Mold poses many health risks and should not be taken lightly. Insurance can help with removing any damaged furniture. After the flood has subsided and the water drained, disaster restoration and relief companies will remove items that have been damaged. Some policies will even cover the removal of carpet and flooring.
Debris removal is another coverage option. Should the flood bring down drywall or carry in debris from outside, your insurance may cover removal of the debris that is inside the building. Speaking of drywall, not only will some policies cover removal, but they may also cover repairs. If there are any costs related to replacing major appliances, insurance may cover them as well. Your air conditioner, water heater, and furnace are expensive appliances, and having insurance cover the costs for removal and replacement can help tremendously.
Cleanup may also include steps to eradicate mold and mildew. This process is very intensive and can be expensive. Flood insurance offers financial security to remove the water from all the damaged parts of the house.
In the end, homeowners insurance is a great piece of protection for your home. Paying a little more every month saves you thousands of dollars should disaster strike. Your insurance company may have a recommended disaster cleanup provider. Regardless, check with Cleaning and Restoration Specialists to compare prices. Schedule your consultation today by calling (210) 610-5481. Work with a professional team to ensure that your home is restored back to normal.