Water Damage Mold Cleanup and Restoration MN Part 3
Water Damage Mold Insurance Claims Continued from Water Damage Mold Cleanup and Restoration Part 1 and Part 2 Water damage, Mold Damage and Flood Damage are some of the most common reasons people make claims on their home insurance. Frozen, broken or burst pipes, leaky appliances and flooded basements are just a few of the ways you could discover exactly what is and is not covered by your home insurance policy. One of the worst effects of water damage comes in the form of mold. If your home has water damage, mold could develop in as short of a time as 24 – 48 hours of water exposure....
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Water Damage Mold Insurance Claims Continued from Water Damage Mold Cleanup and Restoration MN Part 1 Mold has recently emerged as the dominant cost driver in some states. Mold is certainly not new—it’s been around for hundreds of millions of years—but the sharp rise in mold claims is definitely a 21st -century phenomenon. Multi-million dollar jury awards, sensationalized reporting in the media and profiteering by some individuals have led to an explosion in mold claims and costs. Water Damage & Mold “Mold is Gold” has become the popular mantra of trial lawyers and no...
Read MoreWater Damage Mold Cleanup and Restoration MN Part 1
Water Damage Mold Insurance Claims Water damage claims are probably the most common claims made under homeowners’ policies in the country. Over the past 12 years, insurers paid out more than $100 billion in catastrophe-related losses—about $700 million per month—many times more than in previous decades. Most water damages are caused due to frozen, broken or burst pipes, leaky appliances and flooded basements. In fact, frozen and broken water pipes rank No. 2 only behind hurricanes in terms of both the number of homes damaged and the amount of insurance claim costs in the U.S. In most...
Read MoreWater Damage Restoration MN | Frozen and Broken Water Pipes
Water Damage From Frozen & Broken Pipes Frozen and broken water pipes are not thought of as a catastrophe or anywhere near the same scale as a natural disaster, but damage from water is the most prevalent, yet least recognized catastrophe. In fact, frozen and broken water pipes rank No. 2 only behind hurricanes in terms of both the number of homes damaged and the amount of insurance claim costs in the U.S. In most cases, pipes break during freezing weather. As temperatures fall, water expands and causes localized pressure. When the pressure becomes too great, a break occurs. This may...
Read MoreMinnesota Water Damage Cleanup, Repair and Restoration
Prevent Frozen Pipes and Water Damage Winter storms can cause significant damage for homeowners. Although weather forecasting has improved over the years, the intensity of a winter storm can be difficult to predict. Storms this time of year are the third largest cause of catastrophe losses, behind only hurricanes and tornadoes. In these hazardous conditions homeowners can have problems with frozen pipes. When pipes burst because they froze or snow accumulation leads to significant water intrusion, your home and contents can suffer significant damage. Even if you live in an area where your...
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