Homeowners Insurance Coverage
It's a picture-perfect day as you pose with your loved ones standing on the porch of your newly purchased home in Raynham, MA. Both you and your husband have worked overtime to save enough money to secure a mortgage. You have spent countless hours surfing the internet and going to open houses where you may want to raise your kids. The neighborhoods with the best schools, churches and playgrounds. No one thinks the thought that there may be a storm brewing on the horizon in the form of a hurricane or Nor'easter which can bring a flood of concerns that your family's home and personal property could get damaged or worst, lost forever. If it did happen would you be ready?
I’m not talking about whether you have the standard list of supplies needed if you lost the electricality like flashlights, batteries or even a good supply of bottle drinking water. I’m talking about are you ready to deal with the eminent loss claim of damage caused to your property, your belongings and most importantly your home. Speed forward to standing on the exact same porch you stood on with your loved ones happily taking photos with proud faces and now instead imagine you are standing there talking with the claims adjuster and the restoration company who are there to help you through not only a difficult time but also the process of filing a claim to recover your life. What type of coverage did you buy? Was it a policy that provides actual cash value protection which typically covers belongings up to their current market value (taking depreciation into account) or was it a policy that includes replacement cost coverage that helps you pay to replace your items at today's retail prices after a covered loss?
If the thought running through your head is, "I don't know," take the time to learn more and gain control. We will journey down this road and hopefully help folks be able to answer the question, would you be ready to deal with a loss at your home with a strong conviction, “YES, I AM”! This series of blog postings will touch on different aspects of insurance, types of policy coverage and limits and the lingo used in the industry to discuss such topics.
Please keep in mind that the information in this blog series is very broad scope of this topic and understand that this information is from the perspective of a restoration company we see a lot of customers struggling with understanding the process. And while no two jobs are ever the same there are some common themes that we will point out in the series.
If you have questions about water removal service in Raynham, MA give us a call at 508-824-0020.