Hayek Insurance Blog
It doesn’t matter if you’re renting out or using your home as an investment property. There are a lot of issues you have to think about. One of those issues would be property damage. It could be from natural calamities or undisciplined tenants.
Fortunately, we have gathered pertinent data about the process of filing landlord insurance claims to give you an idea as to what you should do before, during, and after any accidents that might happen in the home.
You can contact your local insurance agent for more information. However, the steps may help you figure out what to do easily.
When to File A Landlord Insurance Claim
There's also a specific window of opportunity for you to file a claim. If the cost of your damage is more than your deductible, then it would be best not to file a claim. However, certain factors can make you decide to do so.
Here they are as follows:
The landlord insurance policy will cover you in terms of expenses and additional costs, so you would have to consider filing it as soon as possible if any of the above situations occur.
With these factors to consider, you must be able to think about your situation first. Can you handle the pressure of filing the claim? If the answer is yes, then you should do it right away. If not, try to think of an alternative way to compensate.
At Hayek Insurance, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays, and we're here to help you out. Learn more about our products and services by calling our agency at (805) 496-8835. You can also request a free quote by CLICKING HERE.