Water leakage is something that nobody wants in their homes, since they cause damage and destruction. Homes with older structures are more prone to water, leakage because of the plumbing and materials that may have worn out over time.
There are more than 200,000 water leakage cases every year in the USA, according to an estimation made by the EPA (Environmental Protection Agency). However, there can be several reasons behind water leakage that can not only cause wastage of resources but significant damage to your property and a significant increase in your water bill. Let’s see in detail if water leaks are covered by insurance, and how it can help you in repairs.
Does Traditional Insurance Cover Water Leaks?
Traditional insurance does cover water leaks, but only the ones that happen inside your house. Water leakage outside your house or on another property will not be covered by your standard insurance policy.
Most traditional home insurance companies offer insurance services for water leaks emerging from within your property. Such water leaks are caused by appliances, plumbing issues, and faulty HVAC systems. All these factors can directly lead to burst pipes in the bathroom or kitchen of your house.
Sometimes, it is also wise to have your insurance company cover sewer line backup. This critical coverage will help whenever you experience water leakage in your home due to the sewer line becoming blocked.
Some insurance companies can help you with water leakage from other sources. Therefore, it is always better to ask your home insurance company about the benefits and coverage they can offer you in case of an emergency water leakage.
Can Insurance Cover Main Water Leakage?
Mainly, external water leakage is due to obsolete and old infrastructure. Although many traditional insurance plans do not cover major water leakage, there is still a way you can save yourself from this damage; it is called flood Insurance.
Flood insurance effectively covers any damage or destruction to your property because of water leakage from an external source, such as a flood or a main water leakage. You can quickly get flood insurance through the NFIP (National Flood Insurance Program) or a credible private insurance company. Suppose you have older infrastructure in your neighborhood, or you live in an area prone to floods. In that case, it is highly recommended for you to have flood insurance to protect your property and belongings.
Bottom Line
Flood and water leakage insurance is essential, as no one knows when a flood could hit your area or a water leakage can ruin your valuables. Hire Elite Plumbing & Heating for water leak damage and restoration services. We provide the most convenient services to you, such as plumbing damage, restoration, and damage control. Contact us! 781-438-2997
