Month: June 2024

What Are the Benefits of Builders Risk Insurance?

Posted on by admin

Building a new structure or renovating an existing one is an exciting venture, yet it is not devoid of risks. Numerous hazards could potentially interrupt your project. At Outdoor Insurance Services, operating in Houston, TX, we focus on providing builders’ risk insurance to shield you from unanticipated setbacks.

Comprehensive Coverage

Builders risk insurance presents comprehensive coverage tailor-made specifically for construction projects. This type of policy generally covers physical harm or damage to the building under construction and materials, fixtures, and equipment on the site. You can rest assured that your project is secured, whether from fire, vandalism, or unfavorable weather conditions.

Financial Protection

One advantage of builders’ risk insurance is the financial safeguard it offers. Construction projects frequently involve substantial investments; any damages or delays can result in considerable financial losses. With builder’s risk insurance, you can mitigate these risks and guarantee that unexpected incidents won’t upset your budget.

Customizable Policies

Every construction project is distinct, and the insurance requirements vary as well. Builders’ risk insurance policies can be customized to suit the specific needs of your project. Whether you need coverage for temporary structures or protection against specific hazards like floods or earthquakes, you can design your policy to offer the precise coverage that you require.

Peace of Mind

Perhaps the most priceless advantage is the peace of mind that comes from knowing your project is insured. Construction undertakings can be stressful, but a solid builders’ risk policy lets you concentrate on the project rather than worrying about possible mishaps.

At Outdoor Insurance Services in Houston, TX, we comprehend the intricacies of construction projects and can provide you with the finest possible protection. Contact us today to explore how builders’ risk insurance can secure your project.

Hurricane Season 2024

Posted on by OIS Admin

June 1, 2024 marked the beginning of the 2024 Hurricane Season. Are you prepared?

Outdoor Insurance Services wants to ensure that you and your loved ones are well-prepared
and protected against the potential impact of severe storms. Texas, being a coastal state, is no
stranger to the dangers hurricanes pose, and it is crucial to take proactive steps to safeguard
your home and property. This year, NOAA is predicting an above-normal Atlantic Hurricane
Season. Follow this link to read more about NOAA’s 2024 prediction.

Understanding Your Coverage
Before we delve into hurricane preparedness, let’s review your insurance coverage. Your
homeowner’s insurance policy should cover most damages caused by hurricanes, including wind and hail damage. However, it does not cover damage from rising waters, such as floods, caused by hurricanes. You will need to make sure you have Flood Insurance in addition to your homeowner’s policy. It’s essential to confirm the specific details of your policy, such as deductibles and exclusions. If you have any questions about your coverage, don’t hesitate to contact our dedicated team of insurance experts.

Hurricane Preparedness Tips

  1. Create a Family Emergency Plan: Develop an emergency plan with your family to ensure
    everyone knows what to do in case of an evacuation. Establish meeting points, discuss
    communication channels, and assign responsibilities to each family member.
  2. Secure Your Property: Trim trees, clear debris, and secure loose items in your yard to
    minimize potential damage caused by strong winds. Reinforce your home’s doors and windows,
    and consider installing storm shutters for added protection.
  3. Review Your Evacuation Route: Familiarize yourself with the designated evacuation routes in
    your area. Stay informed about local authorities’ instructions and be prepared to evacuate
    promptly if necessary.
  4. Create a Disaster Kit: Assemble a disaster preparedness kit containing essential supplies
    such as non-perishable food, water, flashlights, batteries, first aid items, and important
    documents. Be sure to include enough supplies to sustain your family for at least three days.
  5. Stay Informed: Keep an eye on weather updates from reliable sources, such as the National
    Hurricane Center and local authorities. Follow their guidance and take necessary precautions
    accordingly.

Filing an Insurance Claim
In the unfortunate event that your property sustains damage due to a hurricane, follow these
steps to file a claim:

  1. Ensure Safety: Prioritize your safety and the safety of your family. If needed, seek medical
    attention for any injuries and report any immediate dangers to the appropriate authorities.
  2. Document the Damage: Take photographs and videos of the damage to your property and
    belongings. This visual evidence will be helpful when filing your insurance claim.
  3. Contact Us Promptly: Reach out to Outdoor Insurance Services as soon as possible, and we
    will walk you through the claims process and provide the necessary assistance.
  4. Prevent Further Damage: Take reasonable steps to prevent further damage to your property.
    This may include temporary repairs to stop leaks or securing exposed areas.
  5. Keep Records: Maintain a record of all communications with your claims team, including
    dates, names, and summaries of discussions.

For more information on the 2024 Atlantic Hurricane Season, click here.