Insurance and Water Damages

2/5/2021 (Permalink)

An example of a flooded basement.

In her first blog post, Key Account Manager Nury Cardoza shares some insights about water damages:

Did you know you are more likely to experience floodwater damage than fire damage during your 30-year mortgage? For that and other good reasons, it makes sense to ask for flood insurance. One in every four insurance claims during the last two years was the result of water damage, and not every kind of water damage is covered by insurance. 

 Examples of water damage usually covered by insurance are: 

• ice dams 
• leaking roof 
• frozen burst pipes
• accidental plumbing or appliance issues 
• vandalism. 

Water damage not usually covered by home insurance: 

• groundwater getting into the basement 
• floodwater or rapid- thaw water getting into the basement unless you have flood insurance 
• sewer or water pipes back up unless you have a cover added to your home insurance policy 
• leaks from corroded pipes 
• leaks from an unmaintained roof 
• damage from long term leaky faucets or toilets 
• mold or fungus unless it resulted from covered causes 

Remember that getting a qualified water damage cleanup and restoration company is as essential as obtaining the right insurance coverage.  SERVPRO works with many insurance companies, which makes the whole process less stressful and faster for you. Day or night, 365 days a year, we are here to help.