How To Determine If Your Water Damage Is Covered By Insurance

12/30/2020 (Permalink)

During any type of basement flood, there are professionals available to clean and restore your home

How To Determine If Your Water Damage Is Covered By Insurance

Finding flooded water in your basement is one of those events you hope to avoid during your lifetime. Water damage can be substantial and no Downtown Miami, FL, homeowner wants to pay for the associated repair and replacement costs. Fortunately, there are times when your homeowners' insurance covers water damage from a basement flood. Here is some information to help you determine if your flood may or may not be covered.

Sudden and Accidental Events Are Typically Covered
Many homeowners' policies will cover the expenses associated with water damage if the occurrence is sudden and accidental. Here are some examples of covered instances:

• A water heater rupture
• A pipe burst
• A break in an appliance supply hose
• Faulty plumbing

These are just some instances that are sudden and accidental. If you find water in your basement, contact your insurance company and explain the situation. Give your agent all the details and they will determine whether or not the incident is covered by your homeowners' insurance policy.

Gradual and Neglectful Events Are Typically Not Covered
A basement flood is typically not covered if the homeowner neglects to perform routine maintenance. One obvious example of when insurance coverage would not be in effect is a leaking faucet. Homeowners are responsible for maintaining their homes and associated appliances. While you can contact your insurance agent and explain the situation if it’s identified as poor maintenance on the part of the homeowner it most likely will not be covered.
It’s also helpful to understand that while some instances of flooding are covered by insurance, most insurance policies don’t cover the source of the problem. For example, insurance may cover the cost to repair damaged walls or flooring; however, it will not cover the cost to repair the broken washing machine.
Fortunately, during any type of basement flood, there are professionals available to clean and restore your home. Water restoration specialists are available to provide emergency service to homeowners.