The Fence Claim
Homeowners insurance is designed to protect you and your family from a large loss. In California, homeowners insurance companies use claim history to determine rate and eligibility. Many insurance companies will limit the amount of losses that a client can have in order to be eligible for their program or rate from losses sustained to determine the appropriate premium. Many homeowners choose to file a claim on their homeowner insurance policies for damage to a fence after a storm. Make sure that you do your research to see if it is in your best interest to claim the fence loss. On home insurance policies for Californians many clients carry a deductible of one thousand to fifteen hundred dollars. Many times the cost of a repair to your fence could be only a few hundred dollars more than your deductible. Remember that any claim that is made on your homeowner insurance policy will be rated and reviewed for three years. The premium associated with your policy could reflect an increase due to having losses for the next three years. If the cost of repair to your fence is slightly higher than your deductible is it in your best interest to file a claim on your homeowner insurance policy? To learn more see our home insurance page at www.bainsandwoodward.com/home-insurance-california.html . Request your quote online today or call 530.421.8111 License 0G13612.
