In recent years, insurance companies have stepped up their efforts to manage risk, and homeowners may find themselves in a precarious position if they’re not staying ahead of potential issues. One of the most notable trends is the use of drones/helicopters and planes to take aerial footage of properties to assess potential hazards. The aim? To identify areas & homes that pose a higher risk of damage, allowing insurance companies to decide whether they want to increase premiums—or even drop the property from coverage altogether.
In this post, we’ll explore what this new trend means for homeowners, the factors that could lead to your insurance being dropped, and what you can do to safeguard your coverage.
What Are Insurance Companies Looking For?
When insurance companies conduct aerial surveys using helicopters, they are looking for specific red flags. These could signal a higher risk of claims and potential damage, prompting insurers to drop coverage or significantly hike premiums. Here are some of the key areas they’re focusing on:
- Overhanging Trees
Large trees with branches hanging over roofs pose a significant risk during storms or high winds. Falling limbs can cause substantial damage to a home, and insurance companies see this as a preventable risk. - Roof Condition
Aerial footage gives insurers a clear view of the state of your roof. A roof that is sagging, has missing shingles, or appears worn out can be flagged as a liability, leading to policy cancellation or premium increases. - Gutters and Drainage
Clogged or damaged gutters can result in water pooling and potential water damage, which is one of the most common and expensive claims insurers face. Clean, functional gutters are critical. - Fire Hazards
In wildfire-prone areas, overgrown landscaping, dry brush, and flammable vegetation close to the home can raise alarm bells for insurers. Defensible space and fire-resistant landscaping are key factors in risk assessment. - Other Structural Risks
Beyond the roof, insurance companies use aerial footage to look for other structural issues, such as cracks in foundations, unmaintained driveways, or improperly stored items that could pose a risk during severe weather.
How Homeowners Can Protect Their Coverage
While insurance companies are tightening their guidelines, homeowners aren’t powerless. There are several steps you can take to minimize your risk of losing coverage. Here’s what you can do:
1. Trim Overhanging Trees
Regular tree maintenance can prevent damage caused by falling branches. Ensure that no large branches are hanging over your roof or close to your home. Consider hiring an arborist to help maintain your trees safely.
2. Inspect and Maintain Your Roof
A well-maintained roof is crucial. Schedule regular roof inspections to catch small issues before they become big ones. If your roof is nearing the end of its lifespan, consider getting it replaced before your insurance company forces you to do so by dropping your coverage. Replace wood shake roof.
3. Clean Gutters and Downspouts
Keep your gutters and downspouts clean and in good working order to prevent water damage. Clogged gutters can lead to leaks and roof damage, which are major concerns for insurers.
4. Create Defensible Space
Especially in fire-prone areas, make sure your home has defensible space around it. Clear dry brush, keep flammable materials away from your home, and consider using fire-resistant plants in your landscaping.
5. Schedule Professional Home Inspections-Contact me for a referral
Insurance companies respect proactive homeowners. By having a professional inspect your home and documenting repairs, you may be able to show your insurance company that you’ve taken preventative measures to reduce risk.
What If You’re Dropped?
Even with these precautions, insurance companies may still drop policies for properties they see as too risky. But there are alternatives:
- Shop for New Insurance Providers
If your current insurer drops you, other providers might still be willing to cover your home, especially if you’ve made updates and improvements. Look for companies that specialize in covering higher-risk properties. - State Insurance Pools
In some states, there are last-resort insurance pools for homeowners who can’t find coverage in the private market. While these policies are often more expensive, they provide coverage when no other options are available. - High-Risk Insurance Policies
If your home is located in a high-risk area, like a wildfire zone, some insurers offer specialized high-risk policies that cater to your situation, though premiums will likely be higher. - Home Improvement Loans
If your property needs significant updates to stay insured, consider a home improvement loan. Upgrading your roof, removing large trees, or adding fireproof landscaping can make your home more insurable and safer for your family.
Conclusion: Stay Ahead to Stay Insured
The increasing use of helicopters and aerial footage by insurance companies is just one of the ways they’re managing risk more aggressively. As a homeowner, this means you need to be proactive about your property’s maintenance and take action before your insurer does. Regular upkeep and knowing what insurers are looking for can help you maintain coverage and avoid sudden policy cancellations.
Being aware of potential risks, acting on them, and knowing your options if dropped can save you from a world of stress and financial strain. Keep your home safe and your insurance intact—because when it comes to homeownership, peace of mind is everything.
If you need a good insurance Agent/Broker feel free to reach out
Nino Gaetano
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