What Are The Odds That Your Home Will Suffer Property Damage in 2024?

What are the odds that you file a damage claim for your home in 2024? Statistics indicate that about one in 20 insured homeowners will. “The top four causes of property damage are wind, hail, water and freezing,” explains Jason Blair, President of Paul Davis Restoration Sud Ouest/Rive Sud, Quebec, who adds that house fires are less common but far costlier to mitigate and restore. “Whatever the reason for the damage, 100 percent of the homeowners who call for help say the same thing when we arrive onsite: ‘I never thought it would be my house.’” 

Statistics back up the “it won’t happen to me” belief. Fewer than half of homeowners have an inventory of possessions to help document loss in case of disaster. The same number are unsure what their policies cover. One in 10 cavalierly rolls the dice: they don’t carry homeowners insurance at all. 

Fortunately, Paul Davis facts and numbers always work in a homeowner’s favour if the worst occurs:  

  1. Availability 24/7/365: Damage never occurs conveniently. It strikes on weekends, holidays, nighttime and during violent weather. Paul Davis arrives within a few short hours of a call for help at any hour, night or day.
  1. Complete Coverage: Paul Davis provides trained teams with sufficient equipment that start right away, and has built an ironclad materials supply chain. 
  1. Written Budget and Schedule: Paul Davis estimates budgets accurately, creates realistic schedules and provides detailed copies for homeowner consideration. 
  1. Industry-Best Communications: Paul Davis communicates well and often, giving specific, timely, accurate information. Further, teams are skilled at collaborating with insurance carriers.
  1. Advanced Equipment: Paul Davis continually upgrades equipment, systems and services to suit diverse restoration activities.
  1. Trusted Partners: Excellent restoration contractors field a full team of appropriately trained technicians from project start through completion. Projects rarely suffer delays due to staff unavailability. Further, management teams are skilled, easily available and very organized.

If property damage strikes your home, this number will be very important: 800-661-5971.