This is mostly a myth. Most adjusters would advise to FILE a claim any time there is damage to your property. Unlike car insurance, home insurance premiums are not based on an individual basis, but by amount insured, zip code, neighborhood, credit score, proximity to fire stations, type of construction, age of home, etc..
Yes, they care. They entered into a contract with you and their business is based on fulfilling that contract and perception of fairness. They operate under the same set of rules in that contract that you do. Of course, homeowners are less knowledgeable about certain aspects of the policy. Insurers have continually raised the bar on customer service and try to quickly and efficiently handle your claim.
There is a process which every claim must be completed. Preferred Service Providers, such as Eastco, are familiar with this and can work with your insurance to ensure quality expedited repairs. If unforeseen damage is seen after the initial site visit, schedule for completion may be extended in order to account for additional work needed.
The timetable is highly variable depending upon the Scope of work, the availability of tradesmen and materials, inspections and approvals, and numerous other factors. Delays are inevitable, but the insurance industry has every desire for the claim experience to be as short and hassle free as possible.
Deductibles: deductibles will vary depending on your selected policy. Deductibles are collected upfront prior to any repairs being performed. Your insurance adjuster will make the initial site visit and prepare an estimate for you. Eastco will then make our site inspection and complete an estimate as well.
The Insurer will generally repair instead of replace when possible. The first estimate is not always final as there may be supplemental damage that will need to be filed once repairs have begun. Eastco works closely with the insurance field and understands how to file and get approval on supplements(unseen damage). Eastco is accustomed to handling multiple trades with home damage, whether it be water, wind, fire, or an other type of loss.
Recoverable Depreciation: is only applied to replacement, not repair. It is determined on a component-by-component basis and has nothing to do with the raising value of the home.
No. A Scope of Repairs will be completed. If you had carpet, but would like to upgrade to a different selection, you can. The claim will cover the original scope of work, leaving you, the insured, with any additional costs. This may give you the opportunity to do a larger renovation that you have dreamed of doing–anything from kitchen/bathroom renovation, walls removed, change in flooring…
EASTCO General Contractors in San Antonio, Texas was established in 1976. Our expertise includes commercial, multi-family, and residential construction from ground up new construction., renovation/remodeling, and insurance loss restoration.