Homeowners insurance is an important resource to have in case of an emergency. It can help cover the cost of repairs or replacement for certain items in your home, including items that have been damaged by water. Water damage restoration is a common issue faced by many homeowners, and it is important to know what type of water damage is covered by homeowners insurance.
Generally, standard homeowners insurance policy covers water damage caused by sudden and accidental events, such as water leaks, heavy rain, broken pipe, or a malfunctioning appliance, however, it does not cover damage from long-term issues such as flooding or slow leaks. Understanding what type of water damage is covered by your homeowner’s insurance can help you make sure you’re prepared for the water damage restoration process.
Is Water Damage Covered by Homeowners Insurance?
The homeowner’s insurance company can help protect you from the stress and financial burden of accidental water damage such as a burst pipe, or roof leaks. However, if water damage is slowly occurring over time, it typically isn’t covered by standard policies – making proactivity your best bet to safeguard against potential loss due to property deterioration!
How Does Homeowners Insurance Cover Water Damage?
Insurance company policies typically provide two types of coverage depending on the type of damage incurred. Make sure to check your separate policy for a complete breakdown of protections!
Dwelling Coverage – Dwelling coverage is designed to help you when unpleasant home surprises strike, such as a broken water pipe, or pipe bursts causing structural damage. This type of policy can assist with the costs associated with these repairs so that your house gets back in order quickly!
Personal Property Coverage – Personal property coverage helps protect your belongings in case of a covered risk – like that burst water pipe. Instead of being left to foot the bill, this policy may assist with repairs and replacement costs should any items be destroyed or damaged!
Water Damage Not Covered by Homeowners Insurance
Standard Home insurance policy can help you cover a variety of damages – but not all. Water damage is among the many unexpected accidents, and coverage depends mainly on where the water came from! Specific sources that won’t be covered include:
Is your dishwasher causing water damage to the hardwood floors of your kitchen? Homeowner’s insurance may help cover repairs or replacement costs for any faulty water sources–so don’t risk footing that bill all alone!
Lack of maintenance issues can have devastating consequences, such as water damage that won’t be covered by insurance. Don’t take the risk – stay on top of home upkeep today!
Homeowner’s insurance policies often don’t protect you from flood damage, such as those caused by storms and flooding. To stay safe in the event of these natural disasters, make sure to look into special coverage that can help cover any unexpected costs!
Will Homeowners Insurance Cover Appliance Malfunctions?
Dwelling coverage can provide much-needed protection in the event of an unexpected water overflow due to a malfunctioning appliance. For instance, if your washing machine’s supply hose ruptures and floods your laundry room, you can count on dwelling coverage from your policy to cover related damages. In addition, any damage occurring to other personal belongings such as furniture or appliances will be covered by private property insurance keeping all areas fully protected!
Don’t let your homeowner’s policy leave you in hot water! Neglecting the maintenance of appliances can lead to damage not covered by a standard homeowners policy.
Water Damage Prevention
- Insurance companies can help when water damage does occur, though taking proactive steps to guard your home is always the best solution! To stay ahead of potential disasters, keep these tips in mind:
- Ensure your water-using appliances are running safely and efficiently by regularly inspecting hoses, such as those connected to washing machines, dishwashers, refrigerators, and more. A quick check can help prevent costly maintenance or replacement in the future!
- Keep your water heater running like new by draining it twice a year and proactively guard against potential damage caused by leaks with smart sensors.
- As temperatures dipped to icy levels this winter, protect your pipes from freezing and bursting with a few simple steps. Wrap outdoor segments in insulation or heating tapes and keep water running at a trickle – it can make all the difference!
Knowing how your homeowner’s insurance claim protects your home and personal property, you can communicate better with your insurance carrier and get faster resolutions to your water damage claim. Ignoring the provisions of your homeowner’s insurance policy may have you out-of-pocket for an absurdly expensive deductible or the full brunt of costly water damage restoration.
Our professionals at Priority Restoration can assist you if you need assistance contacting your insurance agent following water damage. We take great pride in what we do and provide the best water damage repair Philadelphia has to offer.
To speak with one of our highly qualified professionals, get in touch with us at (215)281-3473 right away, and we’ll send someone over to you right away!
