Waking up to a flooded living room, bathroom, kitchen, or basement is very frustrating. Water damage is detrimental to the floor, subfloor, and other property in your home. Repairs can be a bit expensive, especially if you have not budgeted for a sudden occurrence.
In such a scenario, your homeowner’s insurance policy can be of great help if it covers that particular water damage. According to ISO, water damage is the second-largest insurance claim by homeowners.
A standard home insurance policy covers some specific types of water damage. Water Damage Marietta Pros can help you file a water damage insurance claim. We also walk with you throughout the process until your final compensation.
Nonetheless, you need to know that homeowners’ insurance does not cover all types of water damage. Coverage depends on the type of insurance policy and the source of water damage.
A homeowner’s insurance policy covers personal property in the event of specific perils. The most common types of water damage covered by a standard HO3 policy are:
Windstorm and weight of snow perils
The policy covers water damage as a result of collapsed roofs due to wind-driven rain and ice dams. However, if your roof was worn-out or rotten, the insurance policy will not cover any resulting water damage.
Accidental discharge/ Overflow of steam or water
It includes sudden or accidental water damage due to a plumbing or appliance related issue inside your home.
The policy covers a sudden blockage of your plumbing system and burst pipes. It also covers discharge from washing machines, dishwashers, water heaters, air conditioners, and outdoor sprinklers.
However, the replacement or repair of the faulty appliance is not covered by the insurance policy. If you need protection on your home appliances, you can consider a home warranty.
Vandalism/ Malicious activity peril
When someone maliciously enters your home and intentionally leaves the water running or destroys the plumbing system, the resulting water damages are covered by the homeowner’s insurance policy.
In the event of a fire in your home, fire sprinklers are activated. Also, firefighters may need to use water to extinguish the flames. The insurance policy covers the resulting water damage and mold growth.
Excluded Water Damage in the Homeowners Insurance
- Gradual water damage
- Negligence of the plumbing system
- Sewage/ drains water
Homeowners’ insurance policies have riders, add-ons, and endorsements for certain types of water damage. At Water Damage Marietta Pros, we can advise you on the best insurance coverage for your home.
Frequently Asked Questions
What type of water damage does the Homeowners insurance cover?
Homeowners’ insurance only covers accidental and sudden water damage from a source within your home. In addition, it covers weather-related windstorm/ snow perils and malicious vandalism.
Does the Homeowners’ insurance policy cover flooding?
Flood from a source within your house, such as a burst pipe, is covered by the policy. However, external floods due to heavy rains are not included. For such, you need a separate flood insurance cover.