Homeowners Insurance – Is Plumbing Covered?

If you’re a homeowner that has a loan against your home, your lender will require you to have homeowner’s insurance. But with that said, unlike a car, if your home is paid off, you are not required by law to have insurance. Your homeowner’s insurance will provide the financial protection involving a disaster or accident in your home. However, it does not protect against earthquakes or floods. Those type of policies must be purchased separately.  Most policies are packaged together with general liability, which means it covers a homeowner’s legal responsibilities.

Would Water Damage Be Covered?homeowner's insurance claim

The big question is, what is a homeowner insured for? We’re going to focus on the plumbing side of things. First, we need to remember that every carrier’s policy will have minor differences. Like everything else in our modern age of algorithms, each insurance carrier has their own mathematical equation for figuring out risk and for determining the cost. Like we said before, most insurance policies don’t cover floods or earthquakes. They would cover water damage caused by a broken pipe. The broken pipe may not be covered, but the loss would be.

Another type of significant plumbing setback is a foundation leak. You’ll first notice a wet spot on our carpeting, tile discoloration or possibly a dark area in the garage. In most cases, your carrier will cover slab leaks.  To be absolutely certain to check your policy. Your agent is an excellent person to talk to get specifics on your coverage.which means it covers a

Maintain Your Property Well

Damage caused by poor maintenance could be denied a claim. It’s the responsibility of the homeowner to take reasonable care of the property in question. They must take precautions to protect their home from mold, termites, or other pests.

A Little Advice

On a side note, if you have experienced water damage and you need to contact your insurance carrier, don’t use the word “flood.” The word “flood” has a specific definition that your insurance carrier use and floods are not covered. If for any reason, your claim is disputed, the reference to a flood would not look good. Big B’s Plumbing license #986152

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