Whether hail or wind-driven rain or snow, storms of all sorts can damage property and upend daily life in an instant. When a storm does hit home, you don’t want to be caught off guard by not knowing the nitty-gritty of your homeowner’s insurance policy; or not being able to find a reputable home contractor because everyone in the neighborhood is searching for one, too. That’s why it’s so important to be prepared ahead of time for handling insurance claims. What follows are some straightforward pointers that may help.
KNOW YOUR POLICY
Review your homeowner’s insurance policy every year and any time you switch providers. You need to know key factors, such as your deductible and the time limit to file a claim. The higher your deductible, the lower your premium. Many carriers limit claim filing to one year. To find out the type of incidents that are covered, look on the declarations page.
If your home did sustain damage from a hail storm, for example, consider two factors before filing a claim:
Before requesting a claims adjuster to your home, is your incident covered? If your claim isn’t covered, it’s still recorded as an official claim filed in your CLUE (Comprehensive Loss Underwriting Exchange) database record. Too many claims filed in a relatively short time.......
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