As a window replacement company, one of the most common questions we receive is whether or not homeowners’ insurance will cover broken windows. While coverage varies depending on the insurance provider, there are qualifying situations that may allow coverage for repairs or replacement. In today’s post, Renewal by Andersen® of Greater Philadelphia shares a look at these situations.
Cause of Window Damage
There are two policy types that provide coverage for broken windows. Named-peril policies cover losses specifically listed in the policy, while open-peril policy covers damage caused by various types of risk and may instead list exclusions, as opposed to inclusions in named-peril policies.
Damage that results from natural causes such as hailstones and storms are typically covered by both policy types. Also, both policies typically do not provide coverage if window damage was caused by an accident, like someone throwing an object through the window. In such cases, compensation may be provided by whoever caused the damage.
Paying the Deductibles
A typical insurance payout doesn’t pay for 100% of the window repair or replacement costs. Once the cost for purchasing replacement windows is approved, a deductible will be deducted from it. This means you have to anticipate some out-of-pocket expenses when replacing your windows. Deductibles vary depending on the policy you signed up for. Generally, high-deductible policies have lower premiums.
Normal Wear and Tear
Insurance policies exclude normal wear and tear because it is the homeowner’s responsibility to provide care and maintenance for their windows. Also, most manufacturer warranties have some kind of coverage for premature wear. Window damage that resulted from lack of maintenance, such as air or water leaks caused by neglected seals, are less likely to be covered.
Consulting with your insurance provider will help you understand details about your homeowners’ insurance coverage, including the pros and cons of upgrading to low-deductible policies.
Renewal by Andersen of Greater Philadelphia is your leading provider of replacement windows and patio doors. Give us a call at (610) 563-2190. You can also fill out our contact form to schedule an appointment. We serve customers in Philadelphia, PA, and nearby communities.