While wind and hail damage contributes to 34% of wintertime homeowner losses, water, and ice-related damage can be even more costly. That’s why late fall is the perfect time to start preparing your property for the cold, not only to avoid expensive repairs but also to prevent insurance claims.
Winter can be especially harsh for properties, with extreme temperatures putting them to the test. In fact, winter weather caused $1 billion in insured losses in 2016, according to Munich Re and Consumer Reports. That figure skyrocketed to $15 billion in 2021, highlighting the devastating impact of events like Texas’ power grid failure and subsequent freezing catastrophe.
Taking early action is crucial to safeguard against unexpected wintertime homeowner expenses and headaches. By identifying potential problems early on and properly preparing your home and property, you can significantly reduce the chances of filing an insurance claim in the future.
So, don’t wait until it’s too late. Follow these 12 property tips to protect your home and avoid pricey winter insurance claims:
By following these tips, you’ll be well-prepared to tackle the challenges of winter and minimize the risk of costly insurance claims. Remember, early preparation is key to a stress-free and worry-free winter season.
With GlobalPro, your insurance coverage expert, you’re not alone in this journey. We’re here before, during, and after any loss or damage, providing the pedigree and experience you need.
If your home, your community association, or your business has experienced loss or damage, CALL US FIRST!