Will Insurance Cover Water Damage Repairs?
If your home is in a flood zone, you'll want to look at your homeowner's insurance policy to find out what it covers and does not cover. A homeowner's insurance policy may or may not cover water damage restoration as a result of a flood. By understanding your policy before a flood, you'll be able to come up with a plan for what to do after a flood, figure out how to pay for it and know whether you need more insurance or a new policy.
Policies Vary
There are some homeowner's insurance policies that will cover water damage due to a leak, while other insurance policies will not cover this. The same is true for leaking roofs and leaking toilets. Consider every possible source of water damage you might experience so you'll be able to pay for water damage restoration.
Dwelling coverage will cover damage caused by a specific peril listed in the policy. Personal property coverage may pay for the replacement of items damaged by water. This is important since there are some belongings that simply cannot be salvaged after water damage.
Poor Maintenance Isn't Covered
To be covered for water damage that results from a broken pipe, the leak will need to have arisen suddenly. For instance, if a pipe begins leaking as a result of poor maintenance, this will not be covered by a homeowner's insurance policy. Also, if there is a broken appliance causing water damage, a homeowner's insurance policy will typically cover the cost for repairing that which is damaged by water, but will not cover the damaged appliance.
Floods Aren't Covered Usually
Floods are a common source of water damage that is not covered by most homeowner's insurance policies. Therefore, you'll want to find a specific flood damage insurance policy that will protect you.
Water Damage Repairs are Urgent
It's essential to have a plan for water damage restoration services because you will want your home repaired as soon as possible. The water needs to be extracted promptly using a pump and a dehumidifier. Your belongings will need to be sanitized and dried out before it is too late. The more time that passes, the more damage the water will do and the more belongings that you'll need to dispose of. For example, extended water damage could lead to your carpet becoming moldy and you may need to remove the carpet. It will also be difficult to remove the mold.