Are you Prepared?

8/3/2021 (Permalink)

Snow, ice, sleet: Organizations operating in areas that have freezing temperatures have specific insurance needs. The basic “named perils” property policy covers your buildings and contents from damage or loss caused by specific perils, or causes of loss, named in the policy. These include fire, lightning, explosion, windstorm or hail, smoke, and more. However, these policies do not include coverage for falling objects; weight of snow, ice, or sleet; water damage or collapse.

The most common types of property damage caused by severe winter weather are roof damage or collapse due to snow, ice or sleet, and water damage from burst pipes or “ice dams.” Ice dams occur when water fails to flow properly through gutters, allowing it to seep into a building, damaging ceilings and walls. The resulting water damage would not be covered by a basic “named perils” policy, nor would any of these other types of damage.

High hurricane- risk areas: In certain high-risk coastal areas of Southern states (including Alabama, Florida, Louisiana, Mississippi, North Carolina, South Carolina, and Texas), the standard business property policy excludes windstorm coverage. In these areas, business owners might have to obtain their windstorm coverage from a state-sponsored insurance pool, while a private insurer writes the rest of their property coverage. We can help you determine the amount of coverage you need

https://www.bpj.com/resources/blog/avoiding-winter-storm-damage/

SERVPRO of North Arlington is here for all of your restoration needs.