Does Homeowner's Insurance Cover Floods Resulting in Water Damage?

4/7/2015 (Permalink)

wikipedia

Home insurance is most useful in times of an emergency. Insurance allows you to not have to pay out-of-pocket for expenses that are related to damage to your home.  However, it is important to know that filing a water damage claim with your insurance company has its ups and downs.

Insurance companies will only cover certain types of water damage in South Carolina.  If temperatures get to below freezing and the pipes burst, homeowners insurance will cover. If your dishwasher experiences a malfunction, your insurance company will cover unless, it was in result of negligence and lack of maintenance.

Insurance companies will not cover damage that is in the result of improper maintenance.  These types of water issues occur gradually and can be avoided with home maintenance. Homeowners are often in shock to find that issues that they believe are covered under their policy are not covered.

Flood damage is another problem that most home insurance policies will not cover.  You will need to purchase a separate policy to cover flooding.  

An accident that occurs suddenly will likely get covered. However, issues that arise from poor maintenance will not.