“On Property” - Insurance Claim Tips Blog

Ran into an old friend and his wife at a restaurant we both frequent the other night. Bob is a property manager and my firm has not only represented his family but also some of the properties he has managed over the years.  I had not seen him for a few weeks and he reminded me of his call to me some weeks back about a water leak in his home. It seems the shower pan had given out and when the leak finally showed up, the damage was pretty extensive. He called his insurance agent who told him the water damage would not be covered due to the language the insurance lobbyists had recently pushed through about water damage that is over 14 days old.

Q. A pipe in my attic broke which caused flooding in a down stairs hall, bedroom and bathroom. When an assessment was done, mold was found. My policy has a cap of $5,000 on mold remediation. The contractor estimates for demolition and repair that are necessary to correct water damage have been categorized as mold remediation by my insurance company.