Insurance Restoration: A Homeowner’s Guide

This guide provides a comprehensive overview of insurance restoration for homeowners. It covers everything from understanding how property insurance works to the restoration process after damage. Insurance restoration involves an insurance company covering repair costs for damage due to severe weather or other catastrophes, not normal wear and tear. The guide highlights common causes of loss, such as wind, hail, water damage, and fire.

Key topics include:

• Insurance Terminology: Definitions of important terms like Actual Cash Value (ACV), Replacement Cost Value (RCV), and deductibles.
• Insurance Policy Types: Understanding different coverage levels, including ACV, RCV, and Guaranteed Replacement policies.
• Filing a Claim: Best practices for homeowners, from documenting damage and reviewing policies to working with contractors and adjusters.
• Claims Process: A step-by-step guide from the initial inspection to claim approval and completing the restoration project.
• Contractor Selection: Tips for choosing the right contractor, ensuring they are licensed, insured, and reputable.
• Roof Inspections: Signs of roof damage that require attention, such as missing shingles, water stains, or blocked gutters.
• Homeowner FAQs: Common questions about settlements, insurance company pricing guidelines, and handling deductibles.

View the full details of the Insurance Restoration Guide (PDF)