Home repair costs. ©digitalfoto105 - stock.adobe.com
Opportunistic contractors are increasingly approaching homeowners after storms, pushing the rate of insurance claims higher even when the damage is unrelated.
Carriers absorb the investigation costs when the claims are denied, and the homeowners are stuck with a claim on their record. With the convective storm season in full swing throughout the Midwestern U.S., cities like Indianapolis, St. Louis and Chicago are at particular risk, with the regions’ homeowners set to fend off an onslaught of opportunistic contractors when the rain and winds stop.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
