Some types of water damage are covered by homeowners insurance policies. The most common types of such damages are floods and seepage. Sudden, accidental flooding is also included. This category includes leaks and bursting pipes. Whether a leak is caused by a broken pipe, a malfunctioning washing machine or a burst water tank, it is still a possible claim. However, the insurer will only pay for actual damages, and it is up to you to file a claim.
The types of water damage that are covered by a homeowners insurance policy vary by the type of policy you have. A typical policy will cover a leak caused by a pipe that breaks in a storm, but will not pay for damage caused by a burst pipe. If the leak is caused by negligence, the policy will not extend coverage to the source of the leak. For example, a burst pipe can cause a leaking pipe. The cost of replacing the pipe might be beyond your policy’s limits.
If a pipe fails inside your home, a sump pump can cause water damage. Most homeowners insurance policies will cover the costs of the pump. Some policies also cover a back-up water policy that can compensate you for any backup water. Some policies offer this coverage as an extra to homeowners insurance. Some of these policies offer a deductible that varies from policy to policy. While many homeowners insurance policies will cover the cost of a back-up service, it may not cover the costs of a sewage backup.