DENVER (KDVR) — Your home and property is a huge investment. Insurance experts say checking your existing policy and doing what you can to mitigate damage before a storm hits can avoid financial loss and inconvenience.
Kim Alire of Risk Management Partners told FOX31 Problem Solvers that the most common claims her office sees after intense windstorms involve roof and siding damage.
“If a tree falls on the vehicle, full coverage would take care of the car, at home you only need your home insurance policy,” she said.
Where liability is involved, there may be an investigation.
Alire provides a common example.
“We know the neighbour’s tree has been snapped for years and they haven’t done anything to remove the tree, if we can show negligence then I would say sue that neighbour’s insurance policy “, she said.
Colorado insurance policies have special clauses against wind and hail due to frequent spring and winter storms.
Alire explains, “Since we live in Colorado, it’s higher than your usual deductible, so a fire claim might have a $1,000 deductible, but a wind and hail claim might have a higher deductible. higher than that,” she said.
Deductibles represent percentages of the value of the home.
Policyholders can check their coverage online and, in many cases, even add coverage that will kick in before a storm hits. Be sure to read the fine print and speak to an agent for confirmation.
Along with the right amount of coverage, protecting your property from flying objects is crucial.
Bella Sara salon owner Jennifer Heath secured her business but said she didn’t want to come home for a nightmare after an intense storm.
Heath tells FOX31 that she strives to “move just about anything that can fly.”
Since the last storm, Heath has reinforced its fencing, which meant it had to have a team ‘hand digging bespoke four foot holes in the ground because whenever we had high winds it would bring down my fences”.
Security experts tell problem solvers it’s important to nail down benches, brace windows, keep objects away from low tree branches and check latches on swimming pools and hot tubs.
Holiday decorations and high winds don’t mix. Delicate ornaments and inflatables should be removed or deflated before a storm.
Xcel warns that downed power lines should be avoided and reported.
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