What are the odds of facing home damage?

12/3/2018 (Permalink)

Example of some extreme water damage through a ceiling.

It's something every homeowner dreads... A leaking roof, frozen pipe, or even a broken washing machine hose. They are all procuring causes for water damage loss. So what's the odds of facing this?

According to the American Insurance Association, water damage has been one of the leading claims for rising issues that homeowners will face.

According to statistics:

• Almost 40 percent of all homeowners have said that they have experienced loss from water damage.
  
  
• About 93 percent of all water damage can be prevented.
  
  
• Water damage is the second most frequently filed insurance claim in the United States.
  
  
• 250 gallons of water is released a day due to a 1/8-inch crack in a pipe.
  
  
• About 20 percent of all insurance claims related to water damage of some kind.
  
  
• Billions of dollars in property losses are spent each year as a direct result of water damages.

These are things most people won't think about until it happens to them. We always encourage to work with your insurance company, and have some preparation in case you urgently need home restoration services. 

At SERVPRO of Cedar Mill / Oak Hills, we will always have your back if this unfortunate occurrence happens. We understand the troubles that homeowners have to go through, and it's our #1 goal to ensure it seems "Like it never even happened"!