Yes, homeowner’s insurance covers water damage caused by floods, leaks, broken pipes, etc. It also covers damage caused by fire, lightning, windstorms, earthquakes, vandalism, theft, etc. It is common that your insurance may require an additional policy to cover water damage. As a result, we highly recommend you contact your insurance company for more details on what is covered.
Water damage can be caused by many things, including flooding, broken pipes, or even a leaky roof. Learn how to prevent these problems before they happen.
Do you need homeowner’s insurance? It might seem like an unnecessary expense, but having coverage for water damage could save you money in the long run.
Know what type of insurance policy you need.
If you’re planning to sell your home, make sure you understand the differences between flood and earthquake insurance. Flood insurance covers damage caused by floods, while earthquake insurance protects against earthquakes. Both policies cover the cost of repairing or replacing damaged property. However, flood insurance only covers damage that occurs within the first 30 days after a flood event.
Check your home for signs of water damage.
You should check your home for any signs of water damage. Look for wet carpet, walls, ceilings, and floors. Also, check for dampness in the basement, crawl space, attic, garage, or other areas where water might accumulate. If you find any signs of water damage, contact your insurer as soon as possible.
Fix any leaks immediately.
It’s important to fix any leaks immediately. This will help prevent further damage and save money. If you notice any signs of water damage in your home, call your insurance company right away. They may offer assistance with repairing the damage.
Call an expert to assess the damage.
A professional water damage restoration services should inspect the damage and determine what repairs need to be made. You might also consider hiring a contractor to do the work.
Find out what repairs will cost.
If water damage has occurred, you’ll likely need to make some repairs. It’s important to find out what those repairs will cost so you can budget accordingly.