Homeowners Insurance Water Damage Claims

Burst pipes leaky appliances and flooded basements often lead people to discover the details of their home insurance policies.
Homeowners insurance water damage claims. When insurance doesn t cover water damage. This comes as no surprise considering the fact that water damage is the most common type of property damage to occur. Most homeowners insurance policies help cover water damage if the cause is sudden and accidental. Water damage is one of the most common causes of home insurance claims according to the insurance services office iso water damage claims are the second largest frequent insurance claim following wind and hail damage.
Most insurance companies will deny your claim if the water damage was a result of gradual damage negligence or external water sources entering your property. Water damage is one of the most common reasons people make claims on their home insurance. According to the statistics the most common type of homeowners insurance claims are insurance claims for water damage. According to the insurance information institute homeowners insurance may help pay for repairs if for instance your drywall is drenched after your water heater ruptures or an upstairs pipe bursts and water saturates the ceiling below.
Examples of water damage homeowners insurance won t cover.