Chances are, your home is one of your most valuable financial assets. However, owning a home is not without risk. Flooding, fire, hurricanes and other natural disasters can cause substantial damage to your property. Homeowner insurance is not required by law, but it does provide homeowners with financial protection against damage or loss resulting from fire, flood, wind, mold, and other perils.
Did you know the federal government considers floods the nation’s most common natural disaster? Flooding can strike every state and leave homeowners facing hefty repair costs. And while most basic homeowner insurance policies cover basic water damage from water leaks, most do not include flood insurance. As a Florida resident, you are probably familiar with the unpredictable and often severe weather conditions we frequently face. Torrential rainfall, hurricanes and tropical storms can result in flooding that can cause costly damages to your home or apartment. If your insurance company doesn’t include flood protection, it may be something worth looking into.
Some homeowner insurance policies cover damage to your property caused high-wind events such as hurricanes and tornadoes. However, if you live in a high-risk coastal area, it is possible that this coverage may be excluded from your policy. Be sure to review your current coverage with your homeowner’s insurance company and add standalone wind insurance if needed.
Due to South Florida’s humid climate and rainy weather, property damage caused by mold can be a very real issue for Tri-County homeowners. While most homeowner’s insurance policies provide some degree of protection from mold damage, the coverage provided is often limited. If you live somewhere with moist conditions, or if your home or apartment is prone to mold and fungi, you may want to find out more about mold insurance.
As a South Florida resident, you should be aware of what you can do to protect your property from damages caused by fire, flood, wind, mold, and other accidents and disasters. That’s why Insurance Repair Specialists is here to help make the property repair, cleanup, and insurance process as comfortable and convenient for you as possible.
Protect your greatest assets with professional residential and commercial property restoration services designed with your needs in mind. Your IRS team will make sure you understand all of your responsibilities as a home and business owner, and what you can do to comply with your insurance provider in the wake of a disaster.
To learn more about your customer and homeowner responsibilities, or for more information on our property repair, restoration, and cleanup services, call (954) 725-2895 and discover the Insurance Repair Specialists difference today.