Super Restoration Q1 2018 SourceMagazine_Jan_2018_DIGITAL | Page 9

property. The endorsement may not cover the actual cost of repairing the drain or sewer. Some of the other exclusions on these endorsements typically include poor maintenance, floods and power failures. Leaks and Hidden Wat e r Da m ag e Insurance policies typically put restrictions and limits on coverage for claims of water damage sustained over a period of two weeks or longer. Broken and leaking pipes account for a large proportion of the increasing number of hidden water damage claims filed in recent years. The terminology used by insurers for hidden water damage changes over time, so it’s important to read the restrictions and exclusions in the policy carefully. Property damage from untreated leaks often includes mold issues, warped wood and ruined drywall. Damage from the leak may be excluded from coverage if there is mold present or there had been a leak for at least two weeks without any repairs. However, some policies do not require leaks to be identified and treated within two weeks in order to qualify for coverage. Understanding the restrictions and water damage exclusions included in the policy should always be a high priority. If the property is routinely exposed to severe weather conditions or water damage, understanding what your policy insurance really means is all the more important. he Federal Emergency Management Agency, U.S. Department of Homeland Security and state legislatures can help establish guidelines for defining these types of property damage when natural disasters occur. In order to file claims and receive appropriate coverage for these types of losses, policy holders need to be able to identify and document proof of the damage sustained. SUPER RESTORATION SERVICE CO. | 1701 NW 87TH AVE #200 | MIAMI, FL 33172 9