Post Date July 30, 2012 - At least four houses may see their NJ HomeownersInsurance Rates increase after they were damaged and four others evacuated. The fire was
NJ Homeowners Insurance Rates May Increase
Area residents disclosed that though the police were able to respond quickly to the scene, it took more than 20 minutes for the firefighters to arrive. This claim was rejected by Fire Capt. Ron Sommers of the East Brunswick District One. Township construction code officials, police and fire investigators are still investigating the cause of the incident. It’s important to remember the amount of damage to a dwelling from a fire can be quite severe. Although in every case you can estimate the cost of repair for exterior damage, structural damage is much more difficult. To find structural damage; in many cases you must remove more exterior areas causing additional damage to a structure. Without doing this, you may miss some major damage which could cause a tragedy in the future. In any structural fire, repairing the building to meet current building code is very costly. In most of these cases, you will see your NJ homeowners insurance rates increase for at least 36 months. If you have a Car Insurance and Homeowners Insurance Bundle, you will see your rates increase as well.
Michael E. Dortch
President & Managing Agent
Corporate Home Office
618 South Broad Street
Lansdale, Pennsylvania 19446