TheNorth Las Vegas CityScoop

Home Restoration News
North Las Vegas, NV

Las Vegas, NV | Water Damage Insurance Claim Guide | Water Damages News

BY: Your Name, Your Business

Are you aware about water damage insurance claims? If not, then read on to find out.

A water damage insurance claim is a kind of security that homeowners get through their insurance policies, against sudden water damage. Remember; water damage insurance does not cover the water damage caused by one’s negligence, carelessness, and lack of maintenance. Moreover, there is separate insurance for flooding, and it isn’t included in water damage.

Water Damage Insurance 

As discussed above, the water damage caused by one’s negligence doesn’t get covered through water damage insurance claim. Therefore, homeowners need to stay on top of the maintenance game. Make sure to keep an eye out for things like a leaky ceiling during a rainstorm, and fixing a leaky faucet in your bathroom, before it leads to mold growth.

Water Damage Insurance in Detail 

Studies have shown that a majority of homeowner claims made in the US have something to do with water damage. Similar research conducted by the Insurance Information Institute concluded that between 2012 and 2016, water damage was the leading issue for claims. The average monetary value of each of these claims was between $9000 and $10,000. After hail and wind damage, water damage and freezing were the most popular claims. Per every 50 insured households, at least one was struggling with water damage, in one way or another. By reviewing these numbers, one can clearly say that your home is more prone to water damage than it is to theft, and fire damage.

A study has shown that there are two most common types of plumbing failure, which are as follows.

  • Frozen Pipes: During the winter months, the pressure starts building up inside the plumbing, which caused the pipes to burst. Statistics show that more than 18% of the plumbing failure claims to revolve around burst frozen pipes.
  • Leaky Plumbing: Sometimes, the water supply system fails, thus resulting in leaky plumbing. From the insurance’s point of view, out of every three water damage claims, at least two are related to water supply failures and leaky pipes.

The top reason for water damage insurance claims is plumbing supply failure, and the average cost of each case is $ 5092. Ironically, more than 65% of these cases are caused by supply system materials. However, 18% of these cases are caused by pipes that burst after freezing. Another common source of such claims is a failed drain system. Another common source of water damage insurance claims is sewer backup and affected basement.

What You Can Dosystem fail

To keep yourself from filing water damage insurance claims, make sure to hire a seasoned plumbing professional, and get your home inspected for water damage once a year. The older heaters must be replaced with new ones, and the steel braided supply lines must be installed on washing machines. The supply lines must remain turned off when the machine is turned off. The dishwasher too must never be turned on unnecessarily, especially when no one’s home.

 

If you are currently struggling with water damage, make sure to visit our website, and avail our excellent restoration services.

“Best Home Restoration Company in North Las Vegas, NV”

Top Rated Local Home Restoration / Water Damage Repair Company

Clark County: North Las Vegas, , , , , NV

Recent

“Best Home Restoration Company in North Las Vegas, NV”

Top Rated Local Home Restoration / Water Damage Repair Company

Clark County: North Las Vegas, , , , , NV

CityScoop is the top ranked local business news network in the United States. Established in 2008, CityScoop has been providing local communities with high quality news about local businesses and their most recent projects.

About Cityscoop
ABOUT THE AUTHOR

LOCAL EXPERT

AUTHOR & CONTRIBUTOR
Profile Avatar Click to view Author Bio

Your Name

Your Business

Leave a message

Please wait...

Location

No address found...

Recent

ABOUT THE AUTHOR

Author bio information not available!

QR CODE

Las Vegas, NV | Water Damage Insurance Claim Guide | Water Damages News