Property Losses & Insurance Coverage

12/6/2016 (Permalink)

Review your insurance details & be prepared to know the facts ahead of time!

Many property owners are uneducated about details of their insurance policies. As you may know a standard property policy does not cover flood, earthquakes or volcanoes. However, 1 out of 3 homeowners don’t know the exact dollar amount or their “cap” for coverage. This means property owners end up paying a lot more out of pocket than expected after a loss. Here is some helpful information to make sure you are prepared for property emergencies; most likely, your insurance carrier does not guarantee the repairs/services provided to your property. Also, don’t assume you must hire the company your insurance carrier suggests. SERVPRO of Hancock Park/Hollywood is a leader in the restoration industry and its professionals are faster to any size disaster. Make sure you are prepared to suffer a major loss to your home by knowing the facts ahead of time.