Steps To Follow After Home Damage

COMMENTARY

•  Homeowners responsibility after damage or disaster in order
  • Make sure all is safe
  • Protect or mitigate the damage best you can yourself or hire a professional
  • Notify your insurance company
  • Get contractor quotes with experienced companies who know how to work with insurance companies
• Nuclear option only if all else fails, Clay explains the Public Adjuster who represents you and the claim

Finding A Better Insurance Deal

COMMENTARY

• Clay discusses 4 ways to get a better deal on home and car insurance
  • Bundle policies
  • Pre pay a year in advance
  • Shopping in advance 30 days or longer before current insurance ends
  • Good credit score
• Explaining why insurance companies leave or stop writing policies and not refund your money
• Flood insurance (outdoors) is NOT COVERED on a homeowners policy
• Flood insurance has a 30 day waiting period before its in effect
• Consider an automatic water shutoff device at the main water valve

RESOURCES

• Flood Smart.org to find if you’re in a potential flood zone.
• Flood Insurance
• Responsibility On Property Surface Water Drainage

Auto Insurance, Warranties & Breakdowns

COMMENTARY

• Rosie compares the cost per square footage of properties in France, Italy and England
• Auto insurance safe driver and good grade discounts for kids
• Home warranties versus breakdowns
  • Warranties actually cover wear and tear but not immediate or accidental breakdown
  • Equipment breakdowns can be covered for a low cost on homeowners insurance