Homeowners insurance and water damage

Sourced from https://www.thesimpledollar.com/insurance/home/does-home-insurance-cover-water-damage/

We tend to think of sweeping hurricanes and thunderous tornadoes when we purchase homeowners insurance coverage, but a burst pipe is no less formidable. A burst pipe can cost you $10,000 in damages, no small sum by any means.

Water damage is one of the leading causes of insurance claims today, leaving room for deeper issues like black mold. That’s why it’s important to consider water damage coverage when choosing your homeowners insurance plan.

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What is water damage?

Water damage can come from a number of things. A burst pipe, leaky roof and excess A/C condensation can all wreak havoc on your home and on your life. Even worse, the culprit isn’t always visible, so you have to be extra vigilant in dealing with water damage.

Standing water… Read More

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