Home repair can be costly, but some types of home repairs can be covered under your home owner’s insurance plan. What can be confusing to people is what exactly home owner’s insurance covers and how much you can put towards repairs. This can vary greatly based on your policy and you should always consult your insurance provider to learn the exact details, but today we’ll look at what some policies generally cover when hiring a contractor like Bauer Construction to repair damages to your home.
When dealing with general repairs on your property there are two parts in your policy that will cover repairs:
Property Damage Through Coverage A
Most home owner’s insurance policies will provide a check to you for damage caused to your property by natural conditions like fire, wind and hail. These can greatly damage the aesthetic to your home and in worst cases make your home inhabitable. This can be dents in siding, broken windows, damaged roofs and the like. In many areas, many providers won’t cover certain damage like flooding or earthquakes unless you buy a specific policy.
Property Damage Through Coverage B
Some forms of home owner’s insurance will include protection to damages done to “other” structures that aren’t included in the main structure. These include things like garages, sheds and fences that are not connected to the main foundation. Once again, these are generally protected from damage caused by wind, hail and fire unless otherwise specified.
The amount your insurance company will pay out depends on your policy and the deductible you have been paying. Prior to purchasing home owner’s insurance coverage it is important to get a clear understanding of what will and won’t be covered as well as the amount you will have to pay compared to the amount they will pay out.
When you make a claim, the insurance company will send out an agent to assess the damages. They will compare this to the assessment done by the contractor you are choosing to hire for repairs. Once your claim is submitted, the insurance company will then come back with a figure as to how much they are willing to pay out for the damages covered.
It may seem like a confusing process and it can be. Some insurance companies have incredibly strict rules on assessing damages. They may deem something that seems more aesthetically damaged not potentially qualifying. For instance, with siding repair they may only cover 2 sides instead of the entire house.
If you have damage caused by wind, hail or fire, Bauer Construction is here to help you repair your home. We are willing to work with home owner’s insurance companies to get your home looking great again. Contact us today to learn how we can help you.