How Insurance Protects Your Home with Michael Caples - 06.14.2024

About the House with Troy Galloway

This episode of About the House is brought to you by the Construction Consumer Advocacy Institute https://constructionconsumeradvocacyinstitute.com/ ⁠

Pick up a copy of Troy’s book at https://www.amazon.com/Building-Confidence-ESSENTIAL-Contractor-Hiring-ebook/dp/B0CYXPY63S

In this episode of About the House with Troy Galloway, Troy talks to Michael Caples about the different ways insurance protects your home including when you hire a general contractor to renovate your home.

Find out more about Mike Caples at https://agents.farmers.com/mo/arnold/michael-caples/home-insurance/

https://www.facebook.com/michael.caples.insurance/

2:15 A portion of the proceeds from Troy’s book will go to the Shriners.

3:29 Mike Caples has been in insurance for over 25 years

5:00 Most home insurance claims in the Midwest involve the roof

13:20 How do you assess if a roof was installed correctly?

14:25 Avoiding “storm chasers” who prey on homeowners after a bad storm

16:00 Ask to see a contractor’s proof of insurance

18:30 Workman's comp

21:18 Contractor licensing

26:10 Subcontractor contracts

28:20 Undocumented laborers will not have a tax ID

30:00 Will insurance deny a claim if renovations were done without permits?

31:00 Story about bad wiring injuring a cable guy

34:00 Terrorism coverage

36:00 Don't rely on FEMA to take care of you

38:00 Flood insurance

40:40 Sewer and sump pump endorsement

42:40 Rebuilding from the ground up

43:40 Call the insurance company when you get your declaration page

47:05 A lot of policies don't cover mold

48:30 What if a contractor cracks my driveway?

50:20 Removing snow