Explosion or Collapse Loss Recovery

Explosions and collapses are some of the more technical and difficult insurance claims to deal with. Without the advice of an experienced claims adjuster, you may find yourself struggling to get the money you deserve in the aftermath of such an event. With the help of Sabel Adjusters, however, you can rest easy knowing your claim will be handled by experienced professionals.

Because collapse events often incur high payouts, insurers have begun defining collapse in very specific and limited ways in order to minimize payments. Most insurance companies have implemented precise and often narrow terms in their descriptions of collapse and the policy language for coverage.

Collapse means abrupt falling down or caving in of a building or part of a building which results in an inability to occupy said building for its current intended purpose. However, if the building or any part of it is in danger of falling down, or remains standing despite visible evidence of cracking, sagging, shrinking, or expansion, the building will not be considered to be in a state of collapse. These nuanced distinctions can be difficult to navigate without the help of experts who are well versed in these subtleties.

Insurers take into account a number of factors when deciding how much to pay in the case of roof collapse due to snow and ice. Considerations such as the age of your roof, the condition of the roof at the time of loss, how well it has been maintained, and even factors like how well the gutters work may impact the claim. For this reason, it’s important to keep records, which may be particularly important in how your insurance claim is resolved.

Another complex claim to file is for damage due to an explosion. Explosions can happen without warning and create a large amount of damage in a very short amount of time. Their sudden and unexpected nature makes them even more difficult to recover from, a process which may span months or even years. The ensuing loss necessitates detailed investigations into the nature and extent of the damages, and such investigations help to substantiate the property insurance claim. The scope of the repair or replacements can be difficult to determine without the help of qualified professionals who can assess the damage and determine how to apply coverage.

Explosions frequently destroy manufacturing facilities, distribution centers, commercial properties, warehouses, and, in some cases, even family homes. However, it’s important to note that if the explosion causes a fire, any damage caused by fire, even as the result of an explosion, would be covered under the fire policy. Most explosion policies are usually written as part of an extension of a fire policy. Home explosions can result in damages upwards of tens of thousands of dollars; as such, homes at higher risk may benefit from additional coverage. Common sources of explosion include propane grills, aerosol cans, and oil furnaces.

Let Sabel Adjusters help you in your explosion or collapse loss recovery.  Contact us today.