What You Can Do to Maximize Your Financial Recovery From A Wildfire

Wildfires are one of nature’s most lethal and destructive forces. According to the National Interagency Fire Center, about 44,000 wildfires burnt over 5.2 million acres between January and September 2021. Fire losses will only increase as our urban landscapes develop and more residences and businesses establish themselves in wildfire-prone locations. Fire catastrophes are becoming larger, more frequent, and more calamitous as a result of the consequences of climate change.

As a result, it is critical to plan ahead of time in order to optimize your financial recovery from a wildfire. Read on as we share with you tips on maximizing wildfire insurance claims for your property.

Insurance for Trees, Shrubs, Plants, and Lawns

Trees, shrubs, plants, and lawns are normally covered by a house insurance policy up to a specified proportion of your dwelling coverage. For example, if you had 20% coverage for these sorts of products and $250,000 in dwelling coverage, you might replace these items with up to $50,000.

Coverage for Additional Living Expenses

If you are unable to reside in your house due to wildfire damage, extra living expenditures (also known as “loss of use”) cover costs such as a hotel stay, restaurant bills, and other charges such as pet boarding fees and laundry services. You can even utilize this coverage if the local authorities order you to leave, even if the fire never reaches your home.

File for Other Structures Coverage

Other structures are those that are not linked to your home, such as a detached garage, shed, or fence. This form of coverage is frequently based on a percentage of your housing coverage. For instance, your coverage for additional structures might be set at 10% of your housing coverage. If you have $250,000 in dwelling coverage, your limit for additional structures is $25,000 as well.

It’s a good idea to evaluate your insurance if you’ve recently installed any buildings, such as an in-ground pool or gazebo. Speak with your insurance agent if you need to get more coverage.

File for Personal Property Coverage

This coverage extends to your personal goods, including furniture, kitchen appliances, gadgets, and clothing. Policy limitations are typically set between 50% and 70% of your home coverage. For example, if you have $250,000 in housing coverage and your personal property coverage is set at 50%, your things would be worth $125,000.

Making a home inventory is a smart approach to see if you have enough personal property coverage. Basically, make a list of everything you own and how much it would cost to replace it if your house burned down. If your existing insurance limits are insufficient, you can increase your personal property coverage.

Claim What’s Rightfully Yours with Stone Claims Group

Stone Claims Group’s mission is to use cutting-edge investigative techniques to push the boundaries of claims investigation for our clients. Our public adjusters have a long history of success and experience working with customers from all walks of life, and we serve over 15 locations across the United States.

You will receive a committed team of individuals as well as our combined talents to provide frequent contact, attention to detail, and varied opinions on how to substantiate your claim when you employ our services.


    Notes (optional): "Please feel free to address anything else (your title, number of buildings, number of stories, number of units, etc.)"