As a homeowner, it’s important to understand the extent of your insurance coverage. One common question that arises is whether homeowners insurance covers water damage. The answer is not always straightforward, as it depends on the cause of the water damage and the specifics of your policy.
Does Homeowners Insurance Cover Water Damage?
What Types of Water Damage Are Covered?
Homeowners insurance typically covers water damage caused by sudden and accidental events, such as burst pipes or a malfunctioning appliance. These events are considered “perils” and are typically covered under a standard homeowners insurance policy.
What Types of Water Damage Are Not Covered?
Water damage that is caused by neglect or lack of maintenance is not typically covered under homeowners insurance. For example, if a homeowner fails to fix a leaky roof or properly maintain their plumbing system, resulting water damage would not be covered. Additionally, flooding caused by natural disasters, such as hurricanes or heavy rain, is not typically covered by standard homeowners insurance policies.
What About Mold Damage?
Mold damage is often a result of water damage, but it may not always be covered by homeowners insurance. If the mold is a result of a covered peril, such as a burst pipe, then the resulting mold damage may be covered. However, if the mold is a result of neglected maintenance or lack of upkeep, then it may not be covered. It’s important to review your policy carefully to understand the specifics of your coverage.
Read More-What Insurance Companies Cover Mold Damage?
What Should Homeowners Do If They Experience Water Damage?
If you experience water damage in your home, it’s important to act quickly. The first step is to stop the source of the water, if possible. Then, document the damage by taking photos or videos. Contact your insurance company as soon as possible to report the damage and begin the claims process.
In Conclusion
Homeowners insurance can provide coverage for water damage caused by sudden and accidental events, but it’s important to review your policy to understand the specifics of your coverage. Additionally, neglect or lack of maintenance may not be covered, and flooding caused by natural disasters is typically not covered. If you experience water damage, act quickly call Dry Effect Restoration Services and contact your insurance company to begin the claims process.
Leave a Reply