Does Home Insurance Cover Water Damages?

​Homeowners insurance is what most lenders require you to have. It is a type of property insurance that covers losses and damages to your home and assets. Significant insurance coverage is essential, but how can you know whether you have enough protection?

Most typical home insurance policies protect you against accidental water damage in your home. But, if the cause originates from outside your property, it is unlikely that your policy may cover it. So, to address the question, "does home insurance cover water damages?" the answer is that it depends upon the cause or source of the damage. Your home insurance does not cover every water-related damage. 

Water-related Damage Not Covered By Your Home Insurance
Here are some examples of water damage that are not covered by your home insurance policy:

1. Flood
   Damage induced by flooding is not covered by homeowners insurance, which is a natural source. So before buying or moving into a home, ensure your location is not prone to disasters such as floods. If it is in a zone designated as high-risk for flooding, you may want to consider getting flood insurance. 
   
   
2. Poor maintenance
   Home insurance policy may not cover damages or problems caused by inadequate maintenance that has been going on for a while, such as continual leakage from a defective sink and toilet.
   
   
3. The inside source
   Your home insurance may cover damage to flooring caused by defective appliances such as the dishwasher and washing machine. It may not, however, cover the expense of repairing or replacing the appliances.
   
   
4. The outside source
   If the source of the water damage is outside your property, such as the drainage or sewage system, it is unlikely that your standard homeowners' insurance would cover it. You may want to consider acquiring additional insurance to cover the expense of the damages this may cause.

Ways to Prevent Water Damage
You may avoid water damage to your property by doing the following:

1. Maintain thorough management of your appliances.
2. Always check for leaks.
3. Install a sensor to detect water leaks.
4. Check for any dampness or mold on walls, roofs, and windows.
5. Maintain the right temperature in your home to prevent pipes from freezing.

Conclusion
Water-related damage is one of the most frequent causes of property loss and isn't only a periodic issue. You must evaluate the location in which you live. Your standard home insurance policy may not cover the damages and losses. As a result, further precautions must be taken to avoid this.

At McClain Matthews Insurance, we strive to provide comprehensive insurance packages that ease your life. We aim to assist you in obtaining insurance that meets your requirements. Call our agency at (317) 298-7500 for more information about our goods and services. CLICK HERE to get your free quotation right now. Topics and coverage discussed in this article are not guaranteed, consult with your agents to determine what your policy does and does not cover. We are more than happy to help!