Saturday, September 24, 2022
HomeProperty InsuranceHow Big Of A Issue Is Cast Iron Plumbing

How Big Of A Issue Is Cast Iron Plumbing


 

In order to fix a cast iron pipe a plumber would have to trench through your home along the entire length of the pipe in order to remove it. The subsequent damage can run in the tens of thousands of dollars and this is what we as public adjusters would hold the insurance carrier accountable to.

However, insurance companies are notorious for giving lower reimbursements for cast iron claims, so be very careful. Sometimes the insurance company can take years to pay you your claim. They can even deny a claim completely, even though the policy technically covers it.

There are policies now that are excluding cast iron coverage, so make sure you understand your policy. To top it off many policy rates are increasing, and providing minimal stop-gap coverage. Always have a public adjuster or other insurance expert explain to you your policy and your coverage before you start a claim.

Filing a cast iron insurance claim can be one of the more complicated claims to file and the ensuing damages are normally complicated and extensive. Insurance claims are becoming more and more complicated as time goes on, most of the time the burden lands on you the homeowner to build and convince the insurance carrier that you have a covered claim. As Public Insurance  Adjusters we understand policy and can help you through the claims process. It always pays to have an experienced advocate on your side.



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