8/4/2023 0 Comments Hidden water damage coverage![]() ![]() Foundation Water Damage CoverageĪnother water damage coverage you can include on your home policy is foundation water damage. Sump pumps, used for basements, are sometimes excluded from home policies but can be added, if desired. Water backup occurs when water enters the home through plumbing entry points such as sinks, toilets, and bathtubs, and is typically caused by heavy rains and the backup of storm drains or sewers. ![]() These types of situations often go undetected until the damage is so extensive that it becomes apparent through a collapsed ceiling or a severely damaged wall. Sometimes known as “slow leak coverage,” this damage generally occurs within the plumbing system resulting in a slow leak from a pipe inside the wall, shower pan, A/C pan, or even a leak in the roof. Seepage and Leakage means continuous and repeated over time (check your policy for specific timelines). For coverage to kick in, the two main components that need to be clear in the cause of damage are “sudden” (not over a period time) and “accidental” (unexpected). Sudden and Accidental Water Damage describes a situation similar to a burst pipe, an appliance malfunction, or any unexpected release of water or steam. It’s important to know these types of water damages to make sure you have the coverage you want. The last type of water loss is flooding, which is not included in your home insurance and is insured on a separate policy altogether. There are five types of water loss, four of which are classified as water damage and can be insured on your home policy. When you make a home insurance claim, the coverage provided is based on the event that caused the damage, also known as a “peril.” A common peril homeowners should evaluate on their policy is “water damage”. One main purpose of home insurance is to provide coverage in the event your home or belongings suffer damage or complete loss. ![]()
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