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Water Damage Insurance

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.

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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.

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