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The Most Common Causes of Property Damage for Homeowners

    The Most Common Causes of Property Damage for Homeowners

    From our recent guide on what homeowners insurance covers, we realized that homeowners insurance covers many surprising things that we would have never guessed! However, spoiled food and slander are not examples of losses that are frequently filed for at homeowners insurance agencies. Between 2012 and 2016, the most common causes of property damage for homeowners based on the claims made were: water and freezing damage, wind and hail damage, theft, fire and lightning damage, bodily injury, medical, and credit card damage (fraud or theft).

     

    The Most Common Causes of Property Damage for Homeowners

    Author

    • Simon Sam

      About ServiceMaster Restoration By Simons
      Restoration By Simons is an MBE/WBE certified firm and family-run company serving both Cook and Lake County, Illinois. Recently, the company was awarded a variety of honors, including the SB100 Best of Small Business Award Winner 2021, Bronze Stevie® Award in the Female Entrepreneur of the Year category in the 18th annual Stevie Awards for Women in Business, recipient of the 2020 Better Business Bureau's Torch Award for Marketplace Ethics, and the recipient of the 2020 Skokie Business of the Year Award, Honorable Mention Category. Restoration By Simons provides disaster restoration services including water and flood damage restoration, fire and smoke damage restoration, mold remediation, to residential and commercial customers in both Cook and Lake County IL.

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