 Should I use Insurance? (by LP [IL]) May 22, 2014 8:39 PM
 Should I use Insurance? (by LP [IL]) May 22, 2014 8:44 PM
Should I use Insurance? (by gevans [SC]) May 23, 2014 4:55 AM
Should I use Insurance? (by LP [IL]) May 23, 2014 5:20 AM
Should I use Insurance? (by Dan [MA]) May 23, 2014 5:27 AM
Should I use Insurance? (by DIXIE [KS]) May 23, 2014 10:23 AM
Should I use Insurance? (by Sparky [PA]) May 23, 2014 4:07 PM
Should I use Insurance? (by LP [IL]) May 23, 2014 5:47 PM
Should I use Insurance? (by LP [IL]) Posted on: May 22, 2014 8:39 PM
Message:
State Specific Question About: ILLINOIS (IL)
Question
Sewer backup today. Damage:Laundry room floor(peel/stick tile) removed, needs to be replaced.
apartment-rug removed, needs entire 1 bedroom re-carpeted, baseboards removed, needs to be replaced. Had to hire restoration company to remove and clean. Maintenance man repaired all plumbing.
I do not have all the bills. Guessing 4-6K, have deductible of $2500. Never filed a claim w/insurance.
Any input
--64.53.xxx.xxx |
Should I use Insurance? (by LP [IL]) Posted on: May 22, 2014 8:44 PM
Message:
Will get prices on the cleaning and new carpet tomorrow. --64.53.xxx.xxx |
Should I use Insurance? (by gevans [SC]) Posted on: May 23, 2014 4:55 AM
Message:
If you have no other claims, I'd file on that. I normally do not file on damage less than $5k. My last claim was probably more than 5 years ago.
3 claims in 10 years will get you canceled. --141.129.x.xx |
Should I use Insurance? (by LP [IL]) Posted on: May 23, 2014 5:20 AM
Message:
Did your insurance increase dramatically after you filed? Thanks
Also, anyone know if insurance will pay for sewer pipe repair/replace from property to city sewer? --64.53.xxx.xxx |
Should I use Insurance? (by Dan [MA]) Posted on: May 23, 2014 5:27 AM
Message:
Insurance is like a restaurant where the price is one thing, unless you actually order it, in which case the price doubles and you're not allowed to come back to the restaurant again.
I have a $10K deductible, so my insurance is for liability claims and when a building has severe damage. --64.197.xx.xx |
Should I use Insurance? (by DIXIE [KS]) Posted on: May 23, 2014 10:23 AM
Message:
I doubt if the insurance company would ever consider paying to replace that sewer pipe UNLESS it suffered damage that caused a collapse such as a huge work truck driving over it or something like that. It is considered a "repair" to your property after time [we've ALL had to replace those old clay pipes!].
. --70.195.x.xxx |
Should I use Insurance? (by Sparky [PA]) Posted on: May 23, 2014 4:07 PM
Message:
Standard policies typically exclude sewer back-up coverage, unless you carry a special endorsement to include it. Was this laundry room, by chance, in a basement? --74.98.xxx.xxx |
Should I use Insurance? (by LP [IL]) Posted on: May 23, 2014 5:47 PM
Message:
My policy does include sewer back up. I included it.
My building does not have a basement or garden level. It's a ground floor laundry room and apartment that were damaged.
Appraiser told me today on this coverage it's only a $250 deductible.. --64.53.xxx.xxx |
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