What is Property Damage Protection?
Although you can only hope that nothing bad ever happens to your home, it’s important to prepare for the worst. For instance, if a strong storm rips into your town or pipe bursts inside your kitchen sink, you may be experiencing severe and potentially dangerous damage.
Having home insurance is a must for when natural disasters and intentional property damage strikes your home, as it will help with financial hardship if you need to fix or replace something.
Read on to learn about the most common types of property damage.
Common Types of Property Damage
Wind damage: The most common type of property damage is wind-related. Strong gusts can uproot trees, damage roofs, or even send items, such as chairs and tables flying through the window. Mundane objects can become harmful projectiles.
Hail damage: Since hail impacts different parts of the U.S., not everyone will experience this type of damage; however, when it strikes, it’s usually damaging. Although you can’t pick up your home and move it elsewhere, you can try making it more resistant by installing stronger building materials that can withstand this type of hazard.
Theft: According to the FBI, a home burglary occurs every 20 seconds. Install motion sensor lights to deter thieves and remember to keep your doors and windows locked at all times, even if you’re inside your home.
Realistically, you can’t control all disasters from happening in your home; it’s important to be aware of what could potentially happen so that you’re prepared. Learn more about property damage protection in today’s blog.
Coverage for Your Home’s Structure
Your homeowner’s policy should cover repairing or rebuilding your property if it’s damaged or destroyed by a blaze, hail, hurricane, lightning, or other disasters listed in your policy. Most policies also cover detached structures, such as garages, tool sheds, or a gazebo. Generally, 10% of your coverage will go toward the protection of your property’s structure.
Unfortunately, most standard policies don’t cover for damages caused by earthquakes, floods, or routine wear and tear. One simple tip to remember when shopping for house coverage is to buy enough coverage to protect your house.
Coverage for Your Valuables
Luckily, your furniture, clothes, sports equipment, and items of sentimental value are covered if they’re stolen or destroyed by a fire, hurricane, and other insured natural disasters. This coverage accounts for approximately 70% of your home insurance.
For instance, expensive items, such as furs, art pieces, jewelry, collectibles, and silverware, are covered. It’s important to note there are dollar limits to how much your insurance will cover if your valuables are stolen. Additionally, you’ll typically have up to $500 of coverage for unauthorized use of your credit cards.
Need Help? Contact Hudson Douglas Public Adjusters
If your home or business experiences property damage, you may want to understandably call your insurance company first and foremost. However, working with your provider without the help of a public adjuster may not be the best idea. Many insurance companies undervalue claims to their benefit.
At Hudson Douglas Public Adjusters, we represent you, not your insurance company. We can assist you with insured property damage caused by floods, fire, smoke, winds, tornadoes, vandalism, and more.
We’re licensed to offer services in Utah, Arizona, Colorado, Nevada, New Mexico, Pennsylvania, and New Jersey. Reach out to us today for a free, no obligations claims review.
