Insurance
Restore-It Blog

Water damage is one of those homeowner nightmares nobody wants to face. Whether it's a burst pipe in the dead of winter, a leaky roof during a storm, or a flooded basement after heavy rain, dealing with the aftermath is stressful, messy, and expensive. But beyond the immediate cleanup and repairs, there's another crucial step: reassessing and updating your home insurance. This step may sound intimidating, but we are here to lend you a helping hand.

When disaster strikes and your home is damaged, the last thing you want to worry about is navigating the complexities of insurance claims. Understanding the nuances of your coverage is crucial for a smooth and successful recovery. One of the most important aspects is the difference between Replacement Cost Value (RCV) and Actual Cash Value (ACV) regarding your belongings. These two valuation methods can significantly impact your financial reimbursement and ability to replace damaged or destroyed items.

Whether dealing with a pipe leak or a kitchen accident, having home insurance can be a real lifesaver. However, navigating to jumpstart the insurance claim process can be quite an ordeal, adding up to the stress of the dire situation you may be facing. Learning to file your insurance claim beforehand can give you peace of mind.

Imagine waking up in the middle of the night to the piercing sound of the smoke alarm. After you evacuate the property, you call the Fire Department and wait for their arrival. This scenario may sound far-fetched, but the harsh reality is that residential fires are much more common than people think. According to data from the U.S. Fire Administration, a FEMA organization, fire departments respond to an estimated average of 353,100 home structure fires yearly. Dealing with the aftermath of a fire can be incredibly stressful, especially when dealing with insurance claims.

Whether you live in an older home, are switching insurance companies, or haven't had an inspection in the last ten years, facing an upcoming home insurance inspection can be a nerve-wracking experience. Whether your home passes with flying colors, you are hit with unexpected repair demands or even a higher premium is up to you. Like taking a surprise pop quiz in high school, acing it revolves around preparing beforehand.