The recent U.S. weather patterns, which have caused record breaking and unprecedented snow, ice and subzero temperatures across the country, may have you facing potential home claims in the days to come.
Simply stated, the real damage occurs as the thawing begins, and a few precautionary steps may help to mitigate significant water damage in your home.
If you have suffered a power outage and there is no direct physical loss to your home, coverage benefits under your home insurance policy may only be limited to spoiled food and wine, and no coverage provided for expenses incurred for temporary housing and other additional living expenses. Should you lose power and need to vacate your home, keep a cold water trickle from a faucet farthest from the main water meter to help prevent the pipes from freezing and relieve pressure buildup, or shut-off the water main in the home, and drain faucets completely.
If you do suffer an unfortunate loss resulting from frozen water lines, contact us to review and qualify your coverage benefits, and to assist in reporting a claim to your insurance provider. In most cases, the ensuing damage caused by a burst pipe is covered by insurance. However the repair costs to the damaged plumbing itself is typically not covered by insurance. There are instances, when coverage may be excluded altogether. Damage caused by deep freeze weather events may not be covered for structures such as swimming pools, hot tubs, septic systems or other exterior structures, foundations, patios and pavement. Additionally, if the home has been vacant and/or the heat was not properly maintained, damage may also be excluded from coverage.
Note: This communication is for informational purposes only. Although every reasonable effort is made to present current and accurate information, Oswald makes no guarantees of any kind and cannot be held liable for any outdated or incorrect information. View our communications policy.