How well do you know your home insurance policy? (Part 2)January 27, 2011 0 Comments
In an earlier post, we learned that water damage is one of the most common reasons people make claims on their home insurance, and we looked at several scenarios in which homeowner’s insurance did and did not cover water damage to a residential structure.
In this post, we would like to continue this discussion with a few more likely scenarios:
Scenario 1: The temperature drops to 10 below zero, causing your water pipes to freeze and burst. Your floor is now covered in 6 inches of water.
Are you covered? Yes, you are covered for water damage from burst pipes, but most policies won’t cover you if you’ve left the house unoccupied and without heat. If that’s the case, your claim could be denied because you’ve failed to perform the necessary upkeep that would have prevented the accident.
Scenario 2: Water leaks from your backyard pool, ruining your manicured lawn and flooding your basement.
Are you covered? The damages to your basement and your personal property in it are covered, but not the damage to your lawn.
Your lawn is a different story. Coverage for lawns is on a “named perils” basis, which means you are only covered for damages that arise from certain events. Swimming pool leakage is not one of them. The amount of coverage for lawns and plants is small, only up to $500. If your prize-wining orchid is worth more than $500, you may want to speak with your insurance company about special coverage.
Scenario 3: Water seeps from the ground into your basement, damaging your foundation and interior.
Are you covered? No. Seepage is considered a maintenance problem, not “sudden and accidental” damage, and is excluded from homeowner’s insurance coverage.
When your home is affected by water damage, the most important thing is to call professionals immediately, find the water or moisture source and STOP it! Then, you must contact water removal and drying experts to assess the situation accurately and take immediate, appropriate action! AdvantaClean understands the upheaval and pain these events can produce.
We will be there, calmly and professionally, to regain control, stop further damage and manage the recovery process.