However, if you do not do anything to prevent or mitigate mold growth, it is unlikely that your insurer will entertain your claim.Ī standard HO-3 homeowners’ insurance policy will typically contain the following (or similar) wording: You typically only have coverage for mold damage caused by a covered event. Note that you can obtain sewer backup coverage from most insurance companies for an additional fee. Most home insurance policies limit water damage coverage to water that has not entered your home from the ground or sewer. What is a water damage insurance claim list?. What repairs are covered in a water damage claim?.How much does insurance pay for water damage?.Read on to find answers to the following common questions about water damage insurance claims: We specialize in water damage insurance claims. has over 17 years of experience as a public adjuster in Southern California. You might have to jump to and from several pages covering insured events and exclusions to get a picture of your coverage.Īvner Gat, Inc. Reading through a standard HO-3 homeowners insurance policy might leave you with more questions about insurance claims than answers. Although this is not a good practice, we often feel we have no choice if we want insurance coverage. Most of us accept the terms and conditions of our policy even when we do not fully understand them. Homeowners’ insurance policies are complex legal documents full of exclusions, conditions, and fine print designed to protect the interests of your insurance company and mitigate their liability.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |