Most homeowners insurance policies help cover water damage if the cause is sudden. According to the Insurance Information Institute,. In most cases, home and personal property coverage will pay for water damage that results from extinguishing a fire. If a grease fire destroys your kitchen and water used by firefighters rushes into your living room, destroying floors, furniture and plasterboard, your policy must cover the damage.
Coverage for water damage depends on the situation and source. If the damage is sudden, accidental, and comes from inside your home, you're usually protected with a standard homeowners insurance policy. However, if the water damage is due to outdoor flooding or careless repair, you won't have coverage. Homeowners insurance will only cover water leaks and water damage if the cause is sudden or accidental.
For example, if a pipe breaks out of thin air, the damage is likely to be covered by your insurance policy. Homeowners insurance doesn't cover gradual water damage, which occurs slowly and over time. Although homeowners insurance doesn't cover flooding caused by heavy rain, it does cover other water damage caused by rain, snow, or ice. Basically, if a risk covered in your policy causes a chain of events that lead to water damage, homeowners insurance will likely help cover the loss.
This means that if your roof collapses due to the weight of snow or if a windstorm blows your windows and causes rain to fall on your home, your home insurance policy must cover the damage. Water overflow damage to appliances such as washing machines, dishwashers, HVAC units, and water heaters is typically covered. This means that if a misplaced spoon causes your dishwasher to malfunction, flooding your kitchen, your home coverage should pay for the damage. And if water damages carpets in the kitchen and dining table, your personal property coverage should pay to replace those items.
In addition to overflowing pipes and faulty appliances, most standard policies also cover water damage caused by frozen pipes. Homeowners insurance generally pays for water damage that results from putting out a fire. The following are examples of water damage that is generally excluded from HO-3 home insurance policies. A sudden leak in your basement water heater is likely to be covered for water repair and extraction.
The images are especially useful if mold develops in the future, and may support your claim that mold grew as a result of water damage rather than carelessness. If your home cannot be lived in due to water damage and you have to move until repairs are made, the loss of use section of your homeowners insurance policy may cover the additional costs while you wait for repairs to take place. Fortunately, your homeowners insurance covers damage caused by a wide range of calamities, and that can include water damage, at least in some cases. Standard homeowners insurance covers water damage when it's sudden and accidental, but flooding from heavy rain is never covered.
Keep in mind that water damage caused by certain types of events, such as tsunamis, floods, sewer accumulations, and pool leaks, is generally not covered. Roof leaks are usually also covered by your homeowners insurance policy, but you won't be protected from water damage from external sources, such as flooding. If you have a water damage claim, it's important to know what your insurance policy covers and what doesn't cover. For example, if a pipe breaks and water damage destroys a nearby wall, you may be reimbursed for the cost of repairing the wall.
Most homeowners insurance policies cover water damage if it occurs suddenly and accidentally from a source inside your home, such as a malfunctioning washing machine or a leaking roof. For example, if your bathroom sink has been leaking for several months, your homeowners insurance will not cover any resulting water damage or plumbing costs. Be sure to read the fine print of your policy or ask your insurance company how mold and hidden water damage is covered. .