The recent severe winter storms that hit the Northeast US wreaked havoc on many homes and businesses in several states. Winter storms are often the third-largest cause of insured catastrophe losses in any given year – after hurricanes and tornadoes,” said Dr. Robert Hartwig, president of the Insurance Information Institute (III) and an economist.
“Winter storms accounted for 7.1 percent of all insured catastrophe losses between 1993 and 2012, placing it third behind hurricanes and tropical storms (40 percent) and tornadoes (36 percent) as the costliest natural disasters,”
While a Putnam Connecticut homeowners insurance policy will generally cover the damages that those severe storms and blizzards can inflict on a house, including roof collapses, wind damage, and water leakage resulting from pipes bursting or gutters becoming clogged with ice, there may be instances where this is not the case.
Different circumstances could affect a claim
Roof damage and burst pipes will often raise specific issues that many homeowners need to know about. There are factors that could jeopardize any home insurance claim. Anytime that roof damage or a collapse occurs, it may result in a much different insurance payout than the same issue occurring to a neighbor’s roof. This may be regardless of the fact that both have the same insurer.
“Each roof-damage case comes with its own set of unique factual circumstances to consider. Frozen pipes that burst and leak water are one of the most common problems of blizzards and winter storms,” says Bob Blume, a claims manager in Colorado.
The root cause is often a lack of heat. That could be the result of cold air finding entry into a house through openings from the outside, or it can happen when a furnace malfunctions or completely stops working during a power outage.
Putnam Connecticut homeowners insurance policies can help to cover costly repairs for damages obtained from severe weather, fire, burglaries, and many other unforeseen events. Putnam has tornado activity that is higher than both state and national averages, and in the past has experienced tornadoes resulting in upwards of $5,000,000 in damages.
Hurricane, blizzards, and snowstorms have also made up the 11 natural disasters that have occurred in the area (including 4 presidentially declared major disasters). Residents with home insurance coverage may find themselves with less of a financial burden when having to repair damages due to these weather conditions. Independent insurance agents are an excellent resource when looking for quality insurance policies that will fit a resident’s budget.