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Fire & Water - Cleanup & Restoration

Water Damage Restoration Price for Fort Pierce, Florida

5/7/2021 (Permalink)

Water damage is one of the most common and most expensive kinds of homeowners insurance boasts. According to the Insurance Information Institute, about one in 50 property owners will file water damage claims each year, accounting for almost 24% of all homeowner's insurance claims. The average cost of a water damage insurance claim is about $10,900. Floods can happen in Fort Pierce— just one inch of floodwater can cause up to $25,000 in damage.

Most homeowner’s insurance does not cover damage caused by flooding. Flood insurance is a separate policy that can cover buildings, the contents in a building, or both, so it is important to protect your most important financial assets — your home, your business, your possessions.

Floodsmart.gov has estimates based on national FEMA flood loss tables of cash value loss. SERVPRO of Fort Pierce NE will work with your property insurance company and offer free and fair pricing estimates.

For accurate costs about water damage repairs in the Fort Pierce, Florida area please call SERVPRO of Fort Pierce NE (772) 362-7060

Out of pocket costs to repair water damaged property

Here are some common problems that are typically not covered by a standard homeowners insurance policy:

Water ruins property due to floods, hurricanes or high tides like in Florida. Flood damage and storm surge damage are excluded from standard home insurance policies. If you want coverage for floods, you will need to buy a separate flood insurance policy.

Water damage from swimming pools or fountains.

Water damage due to lack of maintenance or negligence, such as not repairing a plumbing problem.

Water damage from “earth movement” like a sink hole, earthquake or landslide. For example, if your pipe burst because of an earthquake, the water damage most likely will not be covered. If you want coverage for earthquake destruction, you will need to buy a separate earthquake insurance policy.

Water damage that backs up through a sewer or drain. (Unless you have purchased special coverage for this problem.)

Water damage from seepage or leaks through a foundation.

Source https://www.forbes.com/advisor/homeowners-insurance/water-damage/

Call SERVPRO of Fort Pierce NE for water damage services in Fort Pierce and surrounding areas. We can help 24/7. Call (772) 362-7060

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