June 4th 2015 Hailstorm Blasts Denver:
While June 4th, 2015 was a memorable day – one reporting half-dollar sized hail, cars sliding across the road, and as much as two feet of hail on the road – it was not memorable in context of Colorado’s hail history. Lodged in what is known as “hail alley” the Front Range of Colorado is among the nation’s highest ranking in hail damage, and the most severe. Unseasonable and severe storms characterize central Colorado’s summer weather, and, according to all weather estimates, the storms don’t show any signs of stopping.
And storms – especially when they are as severe and unpredicted as the one that hit the Front Range on June 4th – can leave homeowners vulnerable to some pretty extensive damage. Here are five things homeowners need to know about hail.
- Half of your insurance premium covers hail damage. Rocky Mountain Insurance Information Association reports that due to the 3 billion dollars in hail damage over the last ten years, one half of all homeowners insurance premiums may be going to ward hail damage. That figure, according to most estimates, is likely to rise with Colorado’s historical yearly rise in hail damage.
- Home insurance premiums have risen 10% percent due to hail. According to Vince Ciulla, vice president for personal insurance at Van Glider Insurance, homeowners can expect home insurance premiums to rise as much as ten percent. This, due to a series of unseasonal and sever hailstorms that left several insurance companies trying g to catch up. Raising rates for homeowners, many speculate, may just be the beginning.
- Most homeowners don’t know their coverage. Unfortunately, when it comes to just what is covered, and what isn’t, most homeowners don’t know the fine print. Take, for example, the difference between roofing damage due to hail and water damage due to leakage caused by hail. Most insurance companies will categorize these damages as separate, when in many cases they are linked. Complicating matters further, if roof tiles are replaced and related water damage isn’t addressed, the risk of mold and structural damage rises dramatically.
- Most insurance companies deny claims. Especially when it comes to hail damage, insurance companies’ first line of defense is to deny claims. Often, without even investigating them. While the goal is to deter homeowners from pursuing the claim further, this often leaves a home liable to further damage – as well as the homeowner. Because what many homeowners don’t know is that even if an insurance company denies the claim, if damage is left unrepaired, further claims may have solid grounds for denial, on the basis that home maintenance was overlooked.
- A qualified roofing company can help protect a homeowner. Roofing companies that specialize in hail damage often have experts trained to assess hail damage and deal directly with insurance companies. Familiar with the insurance claim process and typical insurance coverage, these experts are in a much better position to ensure that a homeowner receives what he/she is covered for.
For more information on protecting your home from hail damage, or to schedule a free home inspection, just visit www.asaproofing.com