Find Cause of Loss in a Flash With This Guide
Annually, more than 25% of claims assigned to HVACi have lightning as the claimed cause of loss, but wear and tear or high voltage surge are more likely to be the actual peril that caused damage. This could affect how the insurance carrier will settle with the policyholder. Differentiate between these causes of loss more accurately with this guide that outlines frequent characteristics of HVAC system damages and whether they’re more likely to be related to lightning, high voltage surge, or wear and tear.
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Alpine Intel’s content is meant to inform and educate readers using general terms and descriptions. They do not replace expert evaluations that determine facts and details related to each unique claim.
Related Resources
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Knowing what wind damage looks like, possible repair methods, and other common causes of loss may help prevent claims leakage.
7 Myths About Lightning in Claims Guide
Policyholders report lightning as a cause of loss more often than other perils. Before deciding on claims with reported lightning damages, adjusters should know the truth behind seven myths related to lightning claims.