Homeowners Insurance Coverage and the 5 Summer Issues That May Arise
Summer in New Mexico can be hot and dry, with temperatures reaching 90°F and sometimes exceeding 100°F. However, anyone who has seen flash-flooding arroyos or intense thunderclouds knows NM summers can also bring intense rainfall. If you’re a New Mexico homeowner, you want to ensure you have reliable homeowners’ insurance coverage to protect your home during this unpredictable summer season.
This blog will discuss the five most common summer issues homeowners face and how having the right home insurance can help you effectively deal with them.
Water Damage
Extreme heat can cause the expansion and contraction of roofing materials, leading to cracks or gaps that allow water to penetrate. Fortunately, homeowners’ insurance can provide coverage for certain types of water damage.
For example, if you experience a sudden and accidental water-related incident like roof leaks, your policy may cover the cost of repairing the roof and any subsequent water damage.
But not addressing gradual leaks or maintenance issues can cause issues. Furthermore, insurance will not cover it. Flood damage also typically does not get insurance coverage. If you live in an area prone to flooding, you can get it as a separate policy through the National Flood Insurance Program (NFIP) or private insurers.
Wind and Hail Damage
When a windstorm hits or hail pelts your home and sustains damage, your policy can help cover the costs of repairs.
However, wind and hail damage claims typically come with deductibles, so you must pay a specified amount out of pocket before your insurance coverage kicks in.
Pool Accidents and Liability
If an accident occurs in your swimming pool due to negligence or inadequate safety measures, you could be on the hook for covering the injured person’s medical expenses and other damages.
Reviewing your insurance policy to ensure it covers your pool is essential to mitigate risks and reduce liability. Additionally, ensure proper safety measures are in place, i.e., following local building codes, installing safety barriers, and establishing pool rules.
Outdoor Fire Incidents
Typically, home insurance protects against damages caused by outdoor fires, including your house, structures like sheds or fences, and even your personal belongings like outdoor furniture or home grills.
Home Burglaries
No matter how secure you believe your home to be, burglars can still find a way to break in. In such situations, your policy may help reimburse you for the value of the stolen items up to the coverage limit specified in your policy.
Additionally, it may cover the cost of repairing or replacing damaged doors, windows, or other structural elements of your home, depending on your coverage.
Conclusion
Summer brings its own challenges, and even the most beautiful New Mexico homes are not safe from them.
Whether it’s water damage from storms, wind and hail damage, pool accidents, grilling incidents, or burglaries, the unpredictable NM climate can pose various risks, necessitating comprehensive and robust homeowners’ insurance coverage.
By understanding the potential risks that may affect your home and reviewing your policy, you can protect your home and your family during this unpredictable summer season.
About Daniels Insurance, Inc.
At Daniels Insurance, Inc., we have a unique understanding of the risks that businesses like yours face on a regular basis. With the backing of our comprehensive coverages and our dedication to customer service and quick claims resolution, your business will be fully protected. For more information, contact us today at (855) 565-7616.