Newsletter
What Do You Mean It's Not Covered?
Understanding the difference between Homeowner's Insurance Water Damage Coverage and Flood Coverage
Damage caused by flooding is generally excluded from standard homeowners insurance policies. Flood insurance is typically sold as a separate insurance policy that homeowners will need to purchase to supplement their existing homeowners insurance policy; this will specifically provide water damage coverage stemming from flood events.
Homeowners insurance only covers general water damage under specific circumstances, including incidents like a burst pipe, overflows via malfunctioning appliances and vandalism. Water damage caused by events such as storm surges would need to be deferred to a flood insurance policy. Learn more about how homeowners insurance handles routine water damage.
Floods can cause catastrophic destruction and wipe out entire communities — in fact, flooding is the most prevalent natural disaster in the United States. It may be surprising just how much damage even a few inches of water can inflict on your personal belongings and property. Let's examine the basics of flood insurance for homeowners and how it can be integral in the event of a flood-related loss.