How prepared are you for the inevitable?

12/2/2019 (Permalink)

For a stress free claims process, SERVPRO works with your insurance to help manage the insurance process and paperwork.

Do you have homeowners insurance that will cover you in the event of fire or water damage?

You've probably heard it time and again: your home is one of the largest financial investments you'll make in your lifetime but it's also an investment that's vulnerable to numerous risks.

Home insurance offers peace of mind, with homeowners insurance, you can sleep a little sounder at night knowing that you have a veritable safety net if anything ever happens to your largest investment. Additionally, if something ever happens to your place, your insurer is there to make sure you don't lose any of that hard-sought value you've diligently earned over the years.

How can insurance protect your home:

• Coverage includes temporary housing after a disaster.

If your home is rendered uninhabitable after, say, a brutal hailstorm or a fire, additional living expense coverage could help pay for temporary living costs while your home is being worked on. These costs may include hotel expenses or interim housing, food, laundry and dry cleaning, storage space.

•  Covers the home's structure.

A homeowners insurance policy covers the cost to rebuild the home's structure if the damage falls under the scope of the policy. The amount of coverage on the policy determines how much the insurance company will pay toward rebuilding the house, so you want to make sure that amount is accurate. The insurance company should calculate the amount of necessary coverage for you. By insuring the structure of your home, you are protecting yourself financially should damage occur.

• Pays to replace belongings or have them professionally cleaned/restored.

A standard home policy also covers your belongings in the event of serious damage. Even if you feel like you don't own much, replacing all your belongings would add up quickly. You need a homeowners policy so you don't have to go without the necessities and luxuries that you have inside your home. Including various valuable, expensive, and important belongings such as documents, jewelry, clothing, appliances, and furniture.

• Fulfills mortgage contract.

Most homeowners carry a mortgage on their homes. If you are one of those mortgage-carrying homeowners, your contract likely requires a homeowners insurance policy. The lender has a financial liability in your home, which is the reason for requiring insurance. Most companies will place an insurance policy on your home if you don't have your own homeowners policy, so skipping out isn't an option. 

In case your house gets damaged, the emotional and financial pain of rebuilding a house or reinstalling it's contents is painful, and difficult to do alone. SERVPRO of Longview/Kelso has a great understanding of this and will work closely with your insurance agent through every step of the restoration process and to help you get your home back to it's preloss condition. 

If you've experienced any unforeseen circumstances that have affected your home, don't delay on contacting SERVPRO (360)703-3884 to have are experts evaluate the damage.