A window replacement project is usually an expensive undertaking. If you have a huge window, repairing it is going to be more expensive, and the last thing you want to do is pay for it yourself. While homeowners insurance plans differ from person to person and state to state, having your insurer replace your window is contingent on a number of conditions.
Some insurance companies have special weather policies in place or will refuse to cover damage to windows that you have caused yourself. In this case, a variety of factors are at play. To know for sure if your homeowners’ insurance pays for your new windows, here are the factors affecting window replacement.
- Perils
Defining perils in your home’s insurance policy might have a significant impact on whether your insurance company will reimburse the cost of window repair. Vandalism, for example, is a prevalent threat. As a result, if a vandal damages your windows, you are likely to be compensated for the damages.
Hail damage, on the other hand, is only covered by a few homeowners insurance policies. This is determined by the possibility of damage caused by inclement weather, such as hail, as well as whether your insurance carrier offers a special weather-related plan.
- Deductible Costs
With every insurance plan, there is a deductible or the amount you will have to pay before your insurance kicks in to cover the rest. Your insurance provider will not reimburse you if the cost of your window replacement or repair is less than your deductible.
Fortunately, deductible payments are decided at the beginning of your insurance plan, and you usually have control over the amount that you will pay out of your own pocket for them. Determining the amount of your deductible can help you collect compensation in the event that window replacement is required.
- Liability Insurance
In the case that you are responsible for the need for window repair, there is still a chance that your insurance company will compensate you. This is due to liability insurance, which is included in most homeowner’s policies. Unfortunately, this only applies to other people’s windows and will not cover the expense of your own faults with your own windows.
It gives you the assurance that you’ll be able to play wherever you want. If you want to enjoy the benefits of impunity, be sure to check with your insurance agent to find out exactly what your liability insurance will cover so that you don’t incur any additional charges.
Renewal by Andersen® of Northwest Ohio is your go-to company for the highest quality replacement windows. With our exceptional options, keeping your home lovely, comfortable and energy-efficient is stress-free. Call us today at (419) 931-6970, or fill out this contact form to schedule your free in-home consultation. We serve the areas in and around Toledo, OH.
