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Homeowners Should Know About This Important 'Delayed Discovery' Insurance Rule

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Homeowners Should Know About This Important 'Delayed Discovery' Insurance Rule

2019-09-22 18:18:47

It's hard to imagine, but sometimes your home can be seriously damaged and you might not know it. One such example can be found in the spate of California wildfires. A woman thought her home had been spared, only to discover months later that her attic was covered in ash. But because of the 'delayed discovery' clause in her insurance policy, she was too late in filing her claim. The woman lost out on being reimbursed for a costly $7,500 repair! According to Business Insider, homeowners should check their property thoroughly after every major event, and file quickly!

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