Deck The Halls...With Towels | Thank Goodness For Insurance | Bank Chats Podcast Episode 34

On this episode of Bank Chats, our guest, Matt Noel, walks us through a Christmas pipe burst that dumped 12,000 gallons through a house and turned a finished move-in home into a six-month rebuild. We talk candidly about what a homeowner's insurance claim really demands from you, what gets reimbursed, and why good coverage and good people matter when everything is soaked. If you haven't yet subscribed, please consider doing so. But perhaps even more importantly, consider sharing our episodes with people you know who could benefit from the content. 0:00 - Fast Fact 0:23 - Intro 1:55 - Meet Matt And A Water Claim 3:09 - Christmas Pipe Burst Surprise 8:23 - 12,000 Gallons Through The Ceiling 15:05 - Calling The Broker And Filing 23:58 - Mitigation Crew Accidentally Destroys Kitchen 33:32 - Drying Fight Utility Bills Reimbursed 42:55 - Six Months Of Rebuild Decisions 49:49 - Insurer Drops Them After Payout 53:29 - Mortgage Rules Forced Placed Insurance 58:13 - Why Homeowners Insurance Is Worth It 1:06:01 - Wrap Up 1:09:03 - Disclaimer 1:10:03 - Final Thoughts 1:11:00 - Credits Credits: An AmeriServ Financial, Inc. Production Music by SchneckMind Hosted by Drew Thomas and Jeff Matevish Thanks for listening! You can find out more about AmeriServ by visiting ameriserv.com. You can also find us on Facebook, Instagram, and Twitter. DISCLAIMER This podcast focuses on having valuable conversations on various topics related to banking and financial health. The podcast is grounded in having open conversations with professionals and experts, with the goal of helping to take some of the mystery out of financial and related topics; as learning about financial products and services can help you make more informed financial decisions. Please keep in mind that the information contained within this podcast, and any resources available for download from our website or other resources relating to Bank Chats is not intended, and should not be understood or interpreted to be, financial advice. The hosts, guests, and production staff of Bank Chats expressly recommend that you seek advice from a trusted financial professional before making financial decisions. The hosts of Bank Chats are not attorneys, accountants, or financial advisors, and the program is simply intended as one source of information. The podcast is not a substitute for a financial professional who is aware of the facts and circumstances of your individual situation. AmeriServ Presents: Bank Chats is produced and distributed by AmeriServ Financial, Incorporated.