Does Homeowners Insurance Cover Floods and Water Damage

11/25/2019 (Permalink)

Your insurance company only covers certain types of water damage.

Home insurance is useful in times of an emergency. Insurance allows you to avoid having to pay out-of-pocket for expenses that are related to damage to your West Bevard, FL home. Submitting a claim after your home is damaged by water helps you recover money spent on repairs. However, it is important to know that there are positive and negative points to filing a water damage insurance claim has its good points and bad points.

The Positive Points

Your insurance company covers certain types of water damage. In most instances, the insurance company will cover any damage that is the result of a sudden event. For example, if the broken dishwasher leaks water and causes any water damage, you are covered by your policy. However, any damage that results from a dishwasher that malfunctions as a result of inadequate maintenance or neglect will not get covered.

Another example of water damage covered by your insurance policy, damage caused by a pipe bursting suddenly. Insurance companies will cover a water damage claim if the pipe burst was caused by the temperature dropping below freezing.

The Negative Points

Insurance companies will not cover water damage that is the result of improper maintenance. This type of damage occurs gradually over a period of time and is avoidable when homeowners engage in regular home maintenance. An example of this would be a claim that is filed to cover damage caused by a bursting pipe. The claim will not get covered if the pipe’s bursting was the result of a rapid decrease in temperature that resulted from an improperly heated home.

Another issue that homeowners face that is not covered by a regular home insurance policy is flood damage. If a local river overflows and floods your home, the flooding is not covered by your homeowner’s insurance policy. You will need to purchase a separate insurance policy to cover flooding. This type of insurance is advised for anyone living in an area prone to flooding.

Water damage is covered by homeowner’s insurance. Unfortunately, there are some limitations to this coverage. An accident that occurs suddenly will likely get covered. However, flood damage that arises from poor maintenance is not covered by your policy. It is important to know that you may find yourself disagreeing with your insurance company about the nature of your water damage. An incident that you believe is the result of a sudden accident may not get viewed as such by your insurer. Your insurance company may argue that the damage was caused by improper maintenance of your home.

If you need help with flood damage in Melbourne, Satellite Beach, Melbourne Beach, Indialantic, Indian Harbour Beach, West Brevard, Palm Bay, Viera, West Melbourne, Malabar. Please alow us to be of assistance, give us a call at (321) 953-8600.