What Does Home Insurance Cover For Water Damage?
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482It may, but it is best to talk to your Insurance Professional about the specific terms and conditions of your policy. There may be limitations or exclusions that limit or offer no coverage at all. For example, water damage caused by a flood is never covered under a Homeowners' policy. That coverage is only available through a Flood Insurance policy. On the other hand, water damage caused by a burst or leaking pipe or valve will more than likely be covered subject to your property deductible.Answered on June 2, 2014flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaIf the water is coming into the house from outside the damage will be covered if it is entering the house because of a named peril (i.e. fire.) If the water is coming from inside the house and is sudden, like a burst pipe, that also will be covered. The damage that comes from slowly leaking vessels or pipes creates a different situation which should have been noticed and corrected. In those cases coverage may be denied.Answered on June 3, 2014flag this answer
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