Risk Management

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Spring weather brings hope for new beginnings and warmer temperatures. However, these seasonal changes could significantly damage the exterior protective layers of your house, leading to potentially costly structural damage. Watch out for these conditions.

The post April showers, May flowers and spring home repairs appeared first on The Cincinnati Insurance Companies blog.

Is your roof looking worn or damaged? Has a storm come through your area recently? If your roof is not in good shape, it’s a good idea to replace it quickly to prevent damage to your home.

Replacing your roof can be a large financial decision, so you’ll want to find a roofing company that will do the job quickly and efficiently. But how do you pick one?

The post How to select a roofing contractor appeared first on The Cincinnati Insurance Companies blog.

Remodeling and renovation projects can add significantly to the value of your home. Whether you do it yourself or hire a contractor, remember to update your homeowner insurance as you increase your home’s value.

The post Remodeling, renovation can affect home’s value appeared first on The Cincinnati Insurance Companies blog.

Building or remodeling a home or business is an exciting time, filled with many decisions. One consideration that’s easy to overlook is adequate fire protection.

The post Construction a critical time for fire protection appeared first on The Cincinnati Insurance Companies blog.

Owners who treasure their older houses are sometimes surprised by the high estimated cost to rebuild their homes, should they have a total loss. But a little history lesson may help explain why reconstruction costs on homes built prior to 1945 can be challenging. What happened in 1945 to make construction costs change so much? The Federal Housing Administration mandated building codes and standardized mills for the first time in 1945. Previously, all lumber was “true dimensional,” which means a 2×4 piece of lumber was actually two inches by four[.....]

The post 1945: a key year in understanding home reconstruction costs appeared first on The Cincinnati Insurance Companies blog.

Providing Specialized Expertise

Your home is likely one of your most important financial assets, and inside your home there are items of significant value. Our risk management team offers expert advice and services to help better protect your valuable investment.

The cost to rebuild your home can vary greatly from the market value. Your home’s replacement value most accurately reflects a contractor's bid to replace the materials and special features of your home. Each home is different, and our risk management experts can help ensure you have proper coverage in the event of a loss, whether a partial loss or a total rebuild.

We are proud to partner with Wildfire Defense Systems® to provide protection, loss mitigation services, for your home and property in the event of a wildfire. Services are provided for policyholders with homeowners coverage on the Executive Capstone® or Executive Classic forms in AZ, CA, CO, ID, MT, ND, OR, TX, UT and WA at no additional charge to you.

When dealing with natural disasters such as hurricanes and floods, proper preparation is the key to ensuring your family remains safe and limiting damage to your home and personal belongings. Cincinnati’s Risk Management team completes assessments on all homes in catastrophe prone areas to ensure your home is well prepared and to provide recommendations on any improvements that can be made to limit the possibility of damage.

Water damage is one of the most common types of claims reported. Ranging from toilet leaks to a sump pump losing power, these claims are costly and messy. However, there are ways to help reduce the chance of experiencing a loss:

  • Install a water shut-off system to detect unusual flow rates in your plumbing system and automatically turn off the water main to your home.
  • Purchase a battery back-up system on your sump pump to avoid costly losses during a power outage. Should you lose electricity during a storm, these systems will kick on, allowing your sump pump to continue to expel water.
  • Keep your thermostat on to at least 60 degrees, even if you are away from home. This will help keep your house warm and reduce the risk of frozen pipes.

 In the event you have a water leak, turn off the water main supply and contact your plumber right away.