It’s important to have a well-built home exterior that protects your family from severe weather and other natural elements. But when it sustains damage after a storm, how will you cover the repair costs? Here’s what you need to do:
Understand Your Insurance Policy
What does your insurance policy cover? Knowing what your policy covers can mean getting the best deal for your repair and replacement costs. For instance, if your homeowners insurance includes an extra provision for re-siding your home, you can choose to do so even if one side of your home was severely affected.
File an Insurance Claim
To get a more accurate estimate of how much the repair costs are for your exteriors, you need to have it inspected by a trusted professional. A trusted siding contractor can help provide a detailed report on your siding’s level of damage to ensure it can be fully restored to good condition.
Your insurance provider may also inspect the damage on your exteriors and give a similar estimate as they tend to use similar equipment and software as contractors to determine the cost of damages. However, we recommend contacting your trusted insurance agent and not the company itself. This is because, if you file even just two claims within five years, it can make your company cancel your coverage. Your agent can give you advice on whether it’s best to continue filing your claim!
Get Your Siding Replaced
When replacing your damaged siding, it can sometimes be difficult to locate new materials that match the look of your existing panels. The original manufacturer might even be out of business or no longer makes the same product! If this happens, you can choose to re-side your home. Depending on the policy language and provisions of the coverage, you can even do a supplemental claim. This is to cover the full re-siding costs of your home if a color match can’t be found. If you’re unable to file a supplemental claim, your insurance may still cover part of the work or materials needed for your replacement.