In Wisconsin, homeowners incur costs due to unexpected property damage. Common events that produce property damage are fire, floods, and pest infestations. Insurance policies provide assistance with some of the expenses, but they don’t provide the full cost with each claim. A local short-term lender offers financial assistance when sudden damage occurs.
Damaged Roofing Materials
Damaged roofing materials generate a higher cost for consumers. After severe storms, asphalt shingles often become displaced and tear. Select damage is covered under warranties, but there are limits to the value that is covered. Homeowners who face the sudden expenses apply for payday loans to cover the unexpected costs.
Water Damage and Mold Remediation
Remediation services are scheduled after flooding and water leaks. The events lead to mold developments if the water isn’t removed properly. Homeowner’s insurance pays for a portion of the costs based on how the flooding occurred. Standard insurance policies won’t provide full coverage for properties that are inside a flood zone. For this reason, homeowners face the expense of water damage and mold remediation on their own. A short-term loan provider offers the funds for homeowners when the events occur.
Broken and Damaged Windows
Hail is a common cause of broken and damaged windows. Storms that produce hail increase the risks of property damage and high costs for homeowners. Once the warranty ends, the homeowners are left on their own when damage happens. The average cost of replacing a window is between $300 and $700 for each window in Wisconsin. A short-term loan helps homeowners cover the expense of replacing a broken window.
Pest-Related Property Damage
After extermination services are completed, the mess and damage left behind are managed by the homeowner. Select extermination services clean up after the pests, but they don’t complete restoration services always. Some pests such as rodents create extensive damage that compromises the property severely. Short-term lenders give homeowners the money they need for restoring their property.
In Wisconsin, homeowners turn to short-term lenders when faced with abrupt property damage. Adverse weather conditions are a leading cause of property damage and affect multiple areas of the property. The damage includes torn roofing materials, broken glass, and holes in the walls and flooring. Homeowners who want to learn more about a short-term funding source for property repairs contact Blue Trust Loans right now.