How Insurance Protects Your Home with Michael Caples - 06.14.2024

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