In a recent survey by Chubb Insurance Group, nearly 40 percent of respondents reported that they had experienced some form of water damage to their home.
The survey reported that few homeowners are doing all the things they should in order to avoid water damage to their homes:
- 31 percent never inspect washing machine hoses
- 36 percent do not inspect toilets
- 61 percent do not inspect water heaters
- 97 percent do not have a moisture or water detection system
Most water damage claims result from accidents that occur within the home, not from weather-related events. In 2010, the average cost of these claims was a little more than $4,000. The Chubb survey noted that more than 50 percent of respondents did not have enough coverage to deal with potential water damage.
Water restoration experts recommend property owners do the following immediately after water damage occurs:
- Remove as much water as possible by mopping and blotting the saturated area
- Wipe furniture to remove excess water
- Place aluminum foil between furniture legs and wet carpet
- Prop up wet furniture cushions for even drying
- Lift drapes off flooring, loop through a coat hanger and hang on curtain rod
- Remove wet area rugs
- Turn on air conditioner if damage occurs in summer
- Move valuable paintings, art objects and photos to a safe and dry place
- Open closet doors, furniture drawers and luggage to aid in drying
- Remove any wet fabrics and dry immediately
- Hang furs and leather goods to dry separately at room temperature
If you would like to review your coverage as it relates to water damage peril, give us a call.
Reichley Insurance Agency is committed to excellence. We pride ourselves on offering our clients reliable coverage and great service. As an independent Ohio insurance agency, we can provide you with all types of insurance coverage from the top carriers in the country. Our team of trusted agents will work with you to find a policy that meets your needs – and falls within your budget.
Our dedication makes the difference...
Toll Free: 87-REICHLEY (877-342-4539)
Email: info@reichleyins.com
The information in this article is meant as a guideline only. There is nothing in this publication that alters the coverage or interpretation of any specific policy. Because some statements are generalizations, and because different companies’ policies contain slight differences, please refer to your specific policy. Call our office before making any judgments or decisions concerning your particular situation and coverage that may or may not apply.
