Is it a bad move to file a weather-related claim just a month after getting home insurance? My insurance broker advised me to avoid making a claim within the first year, as it could make it more challenging to secure coverage once the year is up. A contractor recently inspected my roof and noted hail damage from last August that could be covered by insurance, but I’m feeling a bit hesitant about it.
Bad idea to make a weather claim 1 month after home insurance?
It’s understandable to be cautious about making a claim shortly after acquiring home insurance. Many insurers do consider the frequency of claims when determining renewal rates or coverage terms. If your broker advised against making a claim in the first year, it’s likely because they want to help you maintain a better premium moving forward.
However, if your contractor has confirmed that there is legitimate hail damage that occurred before you obtained the insurance policy, you might be entitled to make a claim. It’s important to carefully review your policy details and any exclusions that may apply.
Here are a few steps you might consider:
Document Everything: Keep records of the contractor’s assessment, including pictures of the damage and any relevant details about when the hailstorm occurred.
Review Your Policy: Look closely at your insurance policy to understand the coverage and any specific clauses regarding claims for pre-existing damage.
Consult Your Broker Again: If you’re still unsure, it might be helpful to discuss your situation further with your broker. They can provide specific guidance based on your policy and the nuances of your insurance provider.
Consider a Third Opinion: If possible, getting a second contractor to evaluate the damage could provide additional perspective and peace of mind.
Ultimately, it’s important to balance the potential impact on your insurance renewals with the need to address legitimate damage to your property. If the damage is severe, it may be worth filing a claim sooner rather than later.