Learn some warning signs of potential water problems and take action before a small leak becomes a major catastrophe. You don’t need to be an expert to keep some water issues at bay. Co., 43 the Court observed that under the subject policy, the insurer pays for ‘direct physical loss or damage to Covered Property caused by collapse of a building or any part of a building insured under this policy, if the collapse is caused by hidden decay. Simeone of Simeone & Miller in Washington, DC. A happy home can be rewarding until the plumbing and appliances you depend on every day fail and water damage results. But you can purchase a separate flood policy.įlood insurance premiums are pricey, however, and depend on the risk of flooding in the area where your house is located as well as the value of the home and its contents, says Thomas J. That’s because the damage is due to neglect that could have been prevented through proper home maintenance. Damage caused by manufacturing defects in your roofing material or installation errors are also not covered.Īnother type of water damage homeowners insurance policies specifically exclude is that from flooding caused by a natural disaster (e.g., a hurricane).
“This type of claim, known as seepage, is a maintenance issue and often isn’t covered under your home insurance policy,” says Vahey. With nowhere to go, water flows down the sides of your home and pools around the foundation, causing interior water damage.
Say your rain gutters are clogged because you haven’t cleaned them. Water damage due to sewage and drain backups generally requires additional insurance coverage beyond a standard policy, says Joe Vahey, vice president and product manager at Erie Insurance. Claim your home to stay up-to-date of your home‘s value and equity.