When people have to deal with disasters that leave their home in shambles, they often start to think about their insurance. Many people wonder if they have enough coverage for the Atlanta disaster recovery services they will need, or if they may have purchased too much coverage. There are several mistakes that many people make when buying insurance today, here are the most significant of those.
Insurance For Disaster Repair in Atlanta: Don’t Drop Flood Coverage
The average homeowners policy does not cover flooding. Repairing the damage from a flood can be extremely difficult and costly, so it is always well worth it to carry that “just in case” flood coverage. About 1/4 of all flood damage actually happens in low risk areas. Weather patterns can also impact this. While snow may be rare in Atlanta, the occasional snow can cause flooding of the home as it melts. Keep the flood coverage. It’s worth it.
Don’t Focus on the Wrong Number
If real estate prices decline, many people reduce their homeowners coverage. That is a big mistake, because insurance is meant to pay for the price of rebuilding, not the sales figure for the house. Reducing the homeowners insurance may mean that there isn’t enough money to rebuild, and that can be a big hit to the wallet if disaster strikes.
Don’t Go For Price Alone
It’s important not to go for price alone. Sure, the best price is always good, but make sure that the insurance company offers good customer service and has a good reputation. If a company’s price is significantly lower than everyone else but it has a bad reputation, it’s not worth the risk.
Call the Parker Young offices today to find out how to bounce back after a disaster. We are here to help people restore their homes after floods, mold infestations and any other type of disaster.
