Here are some fascinating WATER DAMAGE CLAIM DENIED tactics that can help your business succeed

Last Updated on February 14, 2024 by Ali Hamza

Water damage can be a costly and time-consuming problem for even the smallest businesses – but now there’s help! Here are some fascinating water damage claim denied tactics that can help your business succeed.

It’s true that water damage is not always avoidable, but you’ll be happy to hear that we here at Legal Advice Network have got you covered with these tips.

Keep your eyes peeled for the following signs:

Water Damage Early Warning Signs

Leaky faucets: before you know it, your whole kitchen can be ruined. Make sure to fix those faucets as soon as they start dripping – by replacing them if need be.

before you know it, your whole kitchen can be ruined. Make sure to fix those faucets as soon as they start dripping – by replacing them if need be. Discolored concrete: if there are cracks or puddles in areas of your house that you don’t normally see, pay special attention to these areas to make sure they’re not the source of damage further down the line.

if there are cracks or puddles in areas of your house that you don’t normally see, pay special attention to these areas to make sure they’re not the source of damage further down the line. Smoking pipe: when a pipe starts smoking, it’s time to act – especially if the smell is annoying or if you suspect it’s coming from your entire house.

when a pipe starts smoking, it’s time to act – especially if the smell is annoying or if you suspect it’s coming from your entire house.

Water Damage Late Warning Signs

Flooding: a flood is always an extreme instance of water damage claim denied and should be treated as such. You must follow the proper protocol for dealing with floods, or you could end up paying more than you would have if you had acted sooner.

a flood is always an extreme instance of water damage and should be treated as such. You must follow the proper protocol for dealing with floods, or you could end up paying more than you would have if you had acted sooner . Mold: mold can be unsightly and require expensive cleaning. If you’re not sure about the source of the smell, call a professional to take a look – because damage from mold is not covered by most water damage claims.

mold can be unsightly and require expensive cleaning. If you’re not sure about the source of the smell, call a professional to take a look – because damage from mold is not covered by most water damage claim denied. Rodents: while this is more of an issue for restaurants or food businesses (and less common in residential settings), it’s important to remember that water damage can attract many unwanted pests. So if you suspect any unwanted intruders on your property, call an exterminator immediately.

while this is more of an issue for restaurants or food businesses (and less common in residential settings), it’s important to remember that water damage can attract many unwanted pests. So if you suspect any unwanted intruders on your property, call an exterminator immediately. Basements: if your basement is damaged and appears to be flooding, it’s best to take care of this before water gets further into the building structure – so call a professional immediately. This can mean visiting construction companies and learning about the latest treatments.

Getting a Business Off The Ground When A Water Damage Claim Has Been Denied

Greater Fort Worth has one of the highest amounts of rainfall and one of the lowest rates for homeowner’s insurance coverage in the country. And when a storm comes, it can leave behind costly issues such as water damage.

If you’ve had your water damage claim denied, we’re here to help! Our team is experienced in helping homeowners refinance and rebuild after water damages inflicted by a storm or some other disaster. We have a number of options to help homeowners get the coverage they need, including:

Refinancing Water Damage Credit

Helping you refinance water damage credit or bad credit can take away some of the financial burden of dealing with storm repair. A lender can refinance your current mortgage and remove many of the issues that come with being self-employed or having less than perfect credit. You can keep your property and rebuild after a storm with a lower interest rate and a lower monthly payment.

Home Equity Loan

If your water damage claim denied, a lender can sometimes help you get your coverage back on track. A home equity loan allows you to borrow money against the value of your home, up to 90% of the equity in it. This option works best for homeowners who own more than one property with value, or have several years’ worth of credit history behind them.

Secured Loan

A more up-front way to refinance water damage claim denied credit is with a secured loan. With a secured loan, the lender lends you money with your property as collateral. This option works best for homeowners who have little or nothing to put up as collateral.

Low-Interest Loan

Some homeowners insurance policies offer low-interest loans of up to $25,000 that can help you pay for your repairs and rebuilding efforts when you have a water damage claim. These loans may not be available to everyone, and can be very helpful for those struggling to get back on track after their claim has been denied.

Read More: Identifying Signs of Water Damage in your Property