Inquiring minds want to know…

The recent severe downpour in MIlford and elsewhere in Oakland County left lots of people with flooded basements and maybe leaking roofs. It also left them with the ringing question…
If you have..
BASIC COVERAGE
There are 11 initial causes of damage that are covered –
Fire                                                      Lightning
Explosion                                            Windstorm or hail
Smoke                                                     Aircraft or vehicles
Riot or civil commotion                       Vandalism
Sprinkler leakage                                Sinkhole collapse
Volcanic action
Read your policy because carriers can limit or exclude how the coverage applies.
BROAD COVERAGE
The 11 above listed causes as well as 3 more covered–
Falling objects                                     Weight of ice, sleet or snow
Accidental water damage
Carriers have a duty to include coverage on this form.  If it is not included, it is not covered.
SPECIAL COVERAGE
Also known as “all risk.”
However, there are numerous exclusions which can include government action, nuclear hazard, war and military action, water damage (flood), fungus and pollution.
Carriers have a duty to specifically exclude coverage.
Remember, when a carrier is processing your claim, they will always go back to the original cause of the claim. If the roof leaks and it is due to wear and tear, it is not covered. However, if it was hit by lightning and caused the flooding inside the home, the original cause is lightning and it is covered.
The content for this post provided by Annette White, Insurance Consultant for the Insurance One Agency. Contact Annette at 248-795-9152.
 
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