Insurance companies generally classify claims into two basic categories. Claims that are property specific and claims that are specific to you, the insured. Property Specific claims…. These claims are situations that occur which put the insurability of the home into question. For example, if there are a couple recent plumbing...
Did you know that many insurance companies have verbiage in the policy that will cap payouts from water damage at $10,000 on older homes? In this situation, we’re not talking about water back up but rather damage caused by pipes breaking or leaking, appliances leaking, roofs leaking, etc. You see...