Are Plumbing & Pipe Leaks Covered By Homeowners Insurance?
Let’s have a quick look at exactly what is covered and what's not covered by homeowners insurance when it comes to broken or leaking pipes and water damage.
Let’s have a quick look at exactly what is covered and what's not covered by homeowners insurance when it comes to broken or leaking pipes and water damage.
It's a good time for homeowners to review their home insurance policies and have a complete understanding of their coverage before a major storm hits.
It can happen anywhere, even locations that are considered low-risk – in fact, a quarter of all flood insurance claims are for homes that are considered only at low to moderate risk of flooding.
Most basic home owners insurance policies exclude coverage of damage caused by mold, fungi, and bacteria itself, but that doesn’t mean a mold claim will be denied automatically.
Many homeowners lack the strong coverage necessary to protect their property after losses. That may be because policy types and coverage needs can be confusing.Â
Flooding can happen at any time no matter where you live, so it is important to get educated about floods and flood zones.
A common question that we hear is whether or not flood insurance should be purchased for everyone, including homeowners who own a home outside of a major flood zone.