Homeowners insurance policies typically cover water damage caused by sudden and accidental events from inside your home, such as a burst pipe or a faulty water heater. However, flooding from external sources, such as storms or overflowing bodies of water, is usually not covered by standard homeowners insurance policies. If you live in a high-risk flood zone or near a body of water or a steep hill prone to water overflow, you should consider purchasing flood insurance from the National Flood Insurance Program.
Here are some examples of water damage that may be covered by homeowners insurance:
- Rain and wind-driven rain damage caused by a covered peril, such as a windstorm.
- Overflow of appliances, such as a washing machine or dishwasher.
- Leaking pipes or a faulty water heater.
- Water damage caused by extinguishing a fire.
Its important to note that not all types of water damage are covered by homeowners insurance policies. For example, if a homeowner isn't properly maintaining their property, and water damage occurs due to a lack of maintenance, the insurance company may not extend coverage.
