A plumbing leak can mean water damage and mold for your kitchen or bathroom. When it happens, there are steps that you can take to make a home insurance claim. Following these steps will help you attain the highest settlement possible given the damages that you have.
About 93% of all water damage can be prevented
Water damage is the 2nd most filed insurance claim in the United States
250 gallons of water is released a day due to a 1/8-inch crack in a pipe
About 20% of all insurance claims related to water damage of some kind
Billions of dollars in property losses are spent each year as a direct result of water damages
Your damage needs to exceed your deductible in order to file an insurance claim.
It’s not worth it to file a claim for the damages to a $35 carpet. However, if you come home and find that your pipe is leaking underneath your cabinets and there’s mold on the wall under your sink and the floor are beginning to warp, you definitely have a claim.
The average deductible for Florida homeowners insurance is $1000 to $2,500. These are for dollar value-based claims. For percentage-based claims, your deductible may be as high as 5% of the homes insured value. That means that for a home with an insured value of $500,000, the homeowner may have to pay as much as $25,000 before an insurer will pay for additional repairs.
Approximately 14,000 claimants submit a claim to insurance companies for water damage in the United States every year. In Florida, the average cost to repair water damage is $6,965. The price increases with how invasive the repairs have to be.
Regardless of how much damage was done to your home or personal property, you can count on us to handle the claim. Our many years of experience allows for us to quickly figure out the best course of action. Your claim will soon be settled, and the desirable compensation amount will be achieved in most cases. Your claim will soon be settled, and the desirable compensation amount will be achieved in most cases. The most common types of plumbing cases that we handle include: broken drain lines, drain backups, mold build up, shower leaks, supply line leaks, and kitchen leaks. Our public adjusters have the expertise to handle the most technical of plumbing insurance claim cases. Even a Small Case Can Become Serious: