Homeowners often wonder, “Does home insurance cover water damage?” Water damage comes in many forms and from many sources, but your standard homeowners insurance policy may not provide coverage for every type.
To help you better understand the limits of your homeowners insurance, here is a basic guide to the types of water damage your policy won’t cover:
Making sure your home appliances and systems are in good working condition is critical for insurance as well as their functionality. Your home insurance can help you pay to repair damages caused by the sudden failure of an appliance, but won’t cover you if the failure happened because of unresolved maintenance problems.
For example, if your floors are damaged because your dishwasher has been leaking for months, you wouldn’t be eligible for coverage.
Floods can be catastrophic and happen for a variety of reasons. Storms, overflowing bodies of water and over-saturated ground can all lead to flooding and property damage. Unfortunately, regardless of why the flood happens, the damage will not be covered by your homeowners insurance.
You can purchase separate flood insurance from the National Flood Insurance Program to protect you in case of flood damage. Mortgage lenders often require proof of flood insurance when you’re purchasing a home in certain regions where flooding is prevalent.
Most homeowners policies typically don’t include coverage for water damage caused by a sewer or drain backup. An outside water source backing up might cause serious damage to your floors or foundation, but you’ll likely need to purchase additional coverage to help with the repairs.
Home insurance can help you pay for many kinds of repairs to your home. However, it’s important to remember these types of water damage that require additional insurance policies.
Graduate of Burlington High School and UMass Dartmouth. Married with three children to my High School Sweetheart. Multiple years of sales experience including, twenty six years as a full time Real estate agent, fifteen years in the fine wine, spirits and beer industry.
Dale Carnegie sales graduate, certified buyers representative. Multi Million dollar achiever and Top producer in Real Estate. Burlington Mass resident for 50 years. Former college Basketball player and also coached Baseball, Softball and Basketball as well as taught CCD. Father to Father and Mother to Mother former member. Burlington Volunteer for a variety of events including Pride Day, Truck day and Fourth of July events.
A portion of each sale David makes is gifted to a local charity.
