TASB Risk Management Fund
INSIDERM

Protect Your Property

May 22, 2017 Kim Shelly

It is officially storm season, and Mother Nature can be unruly at times. But you don’t have to be caught unprepared. 

When a storm causes damage to your building(s) and/or other property, our goal is to help you get your students back in the classroom and your operation back to normal.

You may need to work with a number of different contractors and individuals to get your property restored or replaced. This basic guide will help you know what to do and what to expect at every stage.

First things first

  • Secure the area and protect property against further damage.
  • File a claim immediately (or as soon as possible). Failure to do so could result in late reporting coverage issues.
  • Tell your adjuster immediately if you believe the building(s) may be structurally unsafe.
  • Board up broken windows, holes in walls, leaking roofs, and other areas exposed to damage.
  • If emergency repairs are necessary, take photographs and keep a record of expenditures for the emergency repairs. Both photos and receipts will be required for reimbursement.
  • Cover personal property (such as items in your building).

What to expect

  1. We will begin assessing your damage upon receipt of the claim. A TASB adjuster will call you to discuss the details of the damages and provide you information regarding the claims process.
  2. An independent adjuster(s) will contact you to schedule your damage inspection(s).
  3. A Complete assessment of your claim may require inspections and consultations from multiple professionals, such as:
    • TASB claims managers and/or representatives
    • Independent adjuster(s)
    • Structural engineers
    • General contractors
    • Roofing specialists
    • Other cleanup and restoration companies.
    Look for contractors who provide a written estimate.
  4. An independent adjuster will conduct an initial inspection to assess damage. The timeframe for this inspection to be completed depends on the severity of the damage. The inspections may be conducted by both an independent adjuster and/or engineer depending on the damages. When the initial inspections are complete, you will receive a written repair estimate. Your TASB adjuster will call you to explain details and answer any questions you may have.
    Remember, your TASB adjuster is available to help you throughout the claims process.
  5. Our goal is to make your first payment within 60 days (or earlier) of the damage assessments. The initial payment amount will be based on the value of the damaged items or costs to repair them.
    Please keep in mind that the time of first payment will depend on severity and complexity of the claim; therefore, the first payment could take a little longer.

What is covered?

Once we have all reports, estimates, and documentation regarding the damages claimed, we will review for coverage. Below are definitions regarding buildings, other structures and personal property.

  • Buildings: This includes everything that is permanently part of the building; attached additions and extensions; and fixtures, machinery, and equipment that is a permanent part of and pertains to the building’s purpose.
  • Other Structures: This includes things like fences, light poles, bleachers, athletic fields, playground equipment, sheds and signs.
  • Personal Property: This generally includes items owned by the Fund member, such as:​
    • Building contents
    • Furniture and fixtures
    • Books and education equipment or supplies
    • Tools and sports equipment
    • Landscape and maintenance equipment
    • Electronic data processing equipment, including computers and related items

Important coverage information

Your coverage contains some limitations and exclusions. Refer to your Property Coverage Agreement for information. For details on your specific coverage, refer to your Contribution and Coverage Summary (CCS).

Contact us for more information on what to do if you have experienced damage from spring storms.