The following five types of losses make up 94 percent of all claims reported. Let’s learn more about them and find out how you can reduce your chance of claims by proactively safeguarding your home. Bonus: Your safety measures may even qualify you for lower home insurance premiums
A strong windstorm may knock a few shingles loose whereas tornado winds can impact an entire home. As with any loss, it’s smart to weigh the cost of the potential repair against your deductible.
Steps to Mitigate Wind & Hail Damages
If a pipe bursts in your home or an appliance leaks, shut off the water immediately. Doing so may save you hundreds on the cleanup and repairs.
Note: While standard home insurance may cover water damage from burst pipes, you need a flood insurance policy to address water damage from storm surges.
Steps to Mitigate Water Damage
Fire and lightning can cause widespread, expensive damage. That’s why it’s so important to reduce fire risk wherever possible.
Steps to Mitigate Fire Damage
When guests and visitors are hurt on your property, or if you cause their property damage, you can be held responsible for their expenses. If their injuries or damages are severe enough, you may have to draw on your home insurance liability coverage to foot the bill.
Steps to Mitigate Your Liability
Though you can’t control the actions of others, you can take steps to make your home less attractive for would-be thieves.
Steps to Mitigate Theft
Note: If you are considering higher-end security or safety upgrades to reduce your premiums, check with your insurer first to make sure it’s eligible for a discount.
These 6 steps can help limit your flood exposure and reduce the extent of water damage you may face.
Find out whether your roof needs a small repair or an actual replacement. These warning signs mean it’s time to consider a new roof.
These tips can help you prepare for hurricane season and protect your home against wind and water damage.
Get a homeowners insurance quote today.