Homeowner Insurance Claims

The most common causes of  a homeowner insurance claim

Homeowner insurance claims(BPT) – The value of a homeowner insurance policy is often thrust into the national spotlight when natural disasters happen. The devastation and financial loss they can cause reinforces the importance of making sure you have adequate insurance coverage to rebuild if disaster strikes your home. In 2017 alone, the U.S. was struck by 16 separate billion-dollar disaster events, resulting in a record-breaking $300 billion in damage, according to the National Oceanic and Atmospheric Administration.

Thankfully, most Americans don’t experience large-scale natural catastrophes, but millions of homeowners do experience some kind of property loss each year and need to make an insurance claim. The most commonly reported homeowner insurance claims are actually the result of events that can occur at any time, so it’s important for homeowners to be prepared for these potential risks. View full post…

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