What you SAY can affect the outcome of your claim!March 9, 2011 0 Comments
If statistics are correct, at least someone reading this article will be affected by water damage before this month is over.
Did you know that what you say to your insurance company initially can affect the outcome of your claim?
If your home has become damaged by water, don’t panic, but start rationalizing how you should report the loss to your insurance company. Many people report that their house is “flooded” when they observe water damage; however, it’s typically not considered a “flood” by your insurance company.
This may seem like a minor distinction, but your insurance company has a very narrow definition of flooding, which is typically excluded from standard homeowner’s coverage.
Unless the water filling your kitchen came from a nearby lake, stream or river, your insurance company won’t consider it a “flood”. Just be careful. Know exactly what is in your policy, what’s covered, what’s not covered, and report your claim accurately.