It seems that you have just been involved in a watery incident at home visit website. As you rush to save your possessions and make arrangements for water restoration, another worry looms in the background: insurance claims. Ah, that ever-disturbing world of policies, documents, and fees! Don’t worry, dear homeowners, we will shed some light on insurance and the dance it has with water damage.
1. Document Everything
Start documenting as soon you can. Your best friend when filing a claims will be pictures, videos and written notes. Showcase your damage in all its glory by capturing each and every soiled detail. Remember, an adequately documented claim is one that will stand out!
2. You Should Understand Your Policy
Not all policies offer the same protection. While some policies will cover sudden or accidental damage, other may exclude specific types of water damages. Make sure that you know the intricacies of your insurance before you jump into it.
3. Act swiftly:
Time is crucial, not only to restore your property but also in order to make a claim. Many insurance companies allow you to report your claim within a certain timeframe. In the event you delay, your situation could become murky.
4. Work with Professionals
Many water damage companies have had experience dealing with insurance companies. They understand the lingo, know the requirements, and are up to date on the details. Aligning to them can make the process of filing a claim smoother than a calm, windless lake.
5. Maintain records
All bills, receipts and reports regarding the damage should be neatly filed. These serve as evidence to demonstrate the extent of damages and the cost for repairs. These are also very handy for reimbursement.
6. Be Proactive
Although insurance may cover any damages, it’s important to prevent any additional damage. This not only helps protect your home but also shows that you’re responsible.
7. Learn About Depreciation
You’ll be surprised to learn that there are two different types of insurance policies: “actual cash value” and “replacement expense”. Depreciation can be taken into consideration in certain policies. That means that you may only get reimbursed at the current value of an item, rather than its original price. Clarity about this will save you from unpleasant situations later.
NAP:
Water Damage North Shore Northern Beaches
119 Fiddens Wharf Rd, Killara NSW 2071
0401 313 942