What Is Physical Loss or Property Damage in an Insurance Claim?

Understanding Property Damage in an Insurance Claim Article originally appeared on LewisClaimSolutions.com. When you are looking at insurance claims and see the words “property loss” or “property damage” you may wonder what this implies and how it will affect future insurance claims. To keep it simple, for example, property liability is considered when the insured property is damaged by fire, water, or wind. These all result in a physical change or structural damage to that property. However, when, to the naked eye, the insured property’s structure is unaltered and the…

Hairline Cracking Within Concrete Block Walls — What You Need to Know

Cracks in Concrete Walls Can Be Very Serious Article originally appeared on LewisClaimSolutions.com. Cracks in your concrete walls of your foundation or in the walls of your home can become very hazardous over time. If you have ever noticed cracks in concrete block walls in your home, then you may have asked yourself if it is something you need to be concerned about and whether or not you need to consider repair costs in the immediate future. This is something many people with homes that have visible concrete block walls have…

Evaluating Equipment Replacement Costs for Gas Station Losses

Gas Station Equipment Restoration Article originally appeared on LewisClaimSolutions.com. Gas stations used to be a place where you could fill up your tank, get your engine oil changed, and maybe even get some other car repairs done or scheduled while hearing the local news and gossip from around town. Nowadays, gas stations are pay-at-the-pump, run inside for snacks and a drink, and get back on the road in 5 minutes. Changes in Technology Leading to Gas Station Losses Gas stations have gone through a lot of changes over the course of…

Common Causes of Electric Space Heater Fires & Methods of Prevention

How to prevent space heater fires Article originally appeared on LewisClaimSolutions.com. When the weather outside is frosty and the scenery seems plucked straight from “Winter Wonderland” we all enjoy staying cozy and warm inside our homes. Sometimes we crank the thermostat up just a tad higher. Other times we put on some toasty, comfy clothes. A surefire way to stay warm no matter the weather outside, though, is plugging in the space heater and letting it work its magic. We don’t want this magic to turn tragic, though, by starting a…