Water damage is one of the most common reasons people make claims on their
home insurance. Burst pipes, leaky appliances and flooded basements often lead people
to discover the details of their home insurance policies.
"Water damage and homeowners policies can be a volatile issue in many ways," says
Don Griffin, vice president of personal lines at the Property Casualty
Insurers Association of America, a trade group. "Generally, the damage
caused by water will be covered, but whatever causes the damage - say,
a leaking dishwasher hose - may not be."
Although insurance companies may pay to replace a carpet damaged by your
dishwasher leak, you probably have to replace or repair the hose at your
own cost. If a sudden, unforeseen problem such as a frozen pipe leads
to water damage, your home insurance covers repairs to both the broken
pipe and your home and furnishings.
Consider this scenario:
During a heavy rainstorm, water leaks through your roof. The roof is damaged,
as is furniture. Are you covered?
Somewhat. You're unlikely to be reimbursed for roof repairs because
that's a house-maintenance issue. But the water damageto your home is covered. Damage to your furniture is also likely covered
if you have a standard H0-3 home insurance policy, but not if you have
a generic HO-1 policy (which many insurers don't even sell anymore).
If your neighbor's tree falls on your roof, the damage to your roof,
home and belongings is covered. Your policy also reimburses you up to
a certain amount, usually around $500, for the cost of removing the tree.
If your home has been damaged by water intrusion, call
. We will be there, calmly and professionally, to regain control, stop
further damage and manage the recovery process.