[ICOM] Water damage to PW-1, now inop

[Sheldon Daitch]

Before one even talks with an insurance agent, do a little snooping on the
phrase CLUE and find out what may be some very expensive pitfalls in
letting your insurance agent know you might be asking about a water
damage claim.

73
Sheldon

William B. Chapman wrote:

> In all likelihood, this loss will be covered by your HOMEOWNERS policy 
> or if you just lease, your HOMEOWNERS TENANT policy subject to your 
> policy deductible. At least check with your agent and better yet, read 
> your policy. Such water losses ARE covered in Texas but the actual 
> loss after the deductible may be so low that you should not file a 
> claim and therein have it on your record. For example, if you have a 
> $200,000 home and a 1% deductible, you may find it isn't worth filing 
> a claim.
>
> Bill
> W5YJB
>