Water Damage Tips
Water Damage Tips
Water damage in your home or business can be time consuming and expensive to repair. Water in home can cause adverse damage your household belongings if it stays without drying. On the other hand, water in business can destroy documents or tamper with gadgets and inventory. These situations call for the need for immediate water cleanup and mitigation of flood damage for the restoration of your home or office.
Homeowners' insurance policies do not cover floods and several other categories of water damage. If you want to cover yourself against damages caused by water in home, you will be required to contact the National Flood Insurance Program (NFIP) to purchase a separate flood policy.
The first thing to do after experiencing water damage is to stop any form of leakages. Remove the water in home and begin drying the house to prevent further damage and molding. After that, move the carpeting and other wet items to a place with fresh air. If you cannot dry the area by yourself, you can consider hiring the services of a water damage restoration company.
Filing a flood damage insurance claim
Notify your insurance company immediately if you have a claim. Because most insurance companies require a written communication, you will need to send a written notice with all the information. The following tips can help simplify the process of making an insurance claim:
• Review your policy so as to understand what is covered and what is not. You may contact your insurance agent for guidance on coverage comparisons for water in business or home.
• Be prepared with your policy number when contacting the insurance company. You should also be ready to answer the relevant questions concerning the flood damage, restoration and mitigation steps you've taken.
• Take photos or video of the damaged area before making any restoration, water cleanup or drying. This is important in instances where you carry out mitigation before the adjuster has seen the damage by water in business or home.
• Do not dispose of any damaged property before the insurance adjuster sees it.
• Perform reasonable water cleanup and repairs to your home or property to prevent further harm. Do not make permanent or structural repairs unless your insurance company allows you to do so.
• Note down any spending on the repairs, water cleanup or drying and keep the vouchers and receipts.
The claims process
The insurance company should contact you within 24-48 hours after filing the claim to inform you of the process and any responsibilities that you may have. The maximum period in which they will investigate, reject or accept your claim is 15 days. Compensation should be carried out within five business days after taking up the claim. If the company renounces the claim, they should give their explanations in writing. The insurance company will then send adjusters to assess the damage. Ensure you are around when the insurer visits to discuss the damage by water in business or home.
Settling a claim
The insurance company is supposed to send a check within five business days. Contact your company or agent if you do not receive the check within the timeframe. Most insurers make their compensations with two checks in case you have a replacement cost policy. The first one is given after the adjuster has assessed the damage caused by water in home or business. This check will cover the cost of repairs less the depreciation and deductible (the amount of the claim which you are responsible for paying). The second one will be sent after the company has received the contractor's bill for the job done.
It is important that you remain cautious as you handle your flood damage situation. Failing to follow the correct procedure might lead you to have ridiculous expenses that would have been dealt with by your insurance policy. Contact a public adjuster in your locality to have peace of mind during the water damage mitigation and restoration process.
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