What Does Water Damage Insurance Mean?
Water damage insurance is coverage that is part of a homeowners insurance policy. This coverage pays to repair a house and replace belongings after certain types of water damage. These policies only cover sudden and accidental water damage like when a heavy rainstorm destroys the roof or when an appliance suddenly malfuntions and floods the basement.
Insuranceopedia Explains Water Damage Insurance
Water damage from an ongoing problem that could have been fixed isn't covered because the insurance company considers it negligence. For example, if a leaky pipe eventually bursts, the damage won't be covered.
Also, many policies don't cover damage from flooding, especially if you live in a high-risk area like near a river, on the coast, or in a valley. You need to check with your insurance company to see what's covered in your policy.