4 of the Most Common Home Insurance Claims

Homeowners insurance is essential for any residential property owner. It's often underestimated how frequently damage can strike a house. From flooding to fires, you should be prepared for anything. Let's explore the most common homeowner’s insurance claims that may be of concern to you in the future.


Weather

Weather is by far the most common claim among homeowners. High winds can cause severe damage to a home. Pairing severe winds with hail is a nightmare for anyone with a house and car. Whether it's damage to your roof or your windows, rough storms have the potential to devastate your wallet. Stay insured against hailstorms and tornadoes to prevent hours of headaches in the future.



Water

According to Comfy Living, 78% of homeowners with insurance have an HO-3 policy. While an HO-3 policy can cover some common water damage, flood damage is from outside water coming into the home and is NOT covered on any insurance policy. Pipe bursts and leaky appliances can wreak havoc on your house. Water damage can be caused by 2 different items.

One is water seepage and leakage; for example, burst pipes, a dishwasher seal leaking or a shower tub liner leaking. The other is water back up which is water being pushed into your home through outside lines from a blockage in the septic or plumbing lines. These problems not only cause water damage but can lead to mold and other health risks. Discuss these concerns with your local insurance agent to stay covered against any type of water damage that may occur.



Fire

Fires can spur in your home in hundreds of different ways. An electrical fire or cooking accident can cause thousands of dollars in damage. A house fire can escalate quickly, with the potential to destroy a large portion of your property. When discussing plans with a local insurance agent, ensure you get coverage over any potential fire damage.



Other Property Damage

There are some forms of damage no one can predict. Whether your home gets hit by a stray soccer ball or a tree, property damage is often random and unpreventable. Strong coverage from a local insurance agent can cover expenses such as debris removal and damage to trees and shrubs, as well as common repairs. Coverage can vary depending on policy, so make sure you stay covered against the unpredictable.

A quality local insurance agent can help you with any of your specific insurance needs. If you're looking for the best home insurance in Dripping Springs, Rollo Insurance can guarantee satisfaction. Call us today or fill out a form for a free quote on any of your insurance needs.