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When looking at your home insurance policy, it is important to understand what you may or may not be covered for. Since all insurance policies are NOT CREATED EQUAL, you need to make sure you understand what is covered & what is not covered when it comes to water damage.

In general terms, FLOOD damage is NOT COVERED by any homeowner's insurance policy.  Flood coverage would need to be purchased as a stand alone policy, usually through the NFIP (National Flood Insurance Program). When people think of flood damage, they tend to think about properties located next to bodies of water. But, flood damage can occur anywhere.  The following web site would have useful information regarding Flood coverage: http://www.floodsmart.gov/floodsmart/

Water that Seeps in through foundation walls is not covered.  This is generally considered a "maintenance" issue.  And your insurance policy is designed to cover losses that happen suddenly & accidentally. 

Water that backs up from a sewer or drain, or water that backs up or over flows from a sump pump can be covered by endorsement.  But, most policies do NOT include this in their standard homeowner's coverage.  You should check your current policy to verify if you have adequate coverage.  Many times, when dealing with these losses, people may make some false assumptions.  "If I do not have a finished basement, I don't need that coverage."  But, what if your utilities in the basement where damaged as a result of a water back up ?? You would not have any coverage for your furnace, washer, dryer, any building material or any other personal property.  And don't forget the cost of clean up can be very expensive.  None of these things would be covered, unless you had the coverage on your policy.

Water damage that comes in from a roof would generally be covered.  Unless the roof was not properly installed & that alone is what is causing the water damage.  Your policy normally excludes coverage for any faulty workmanship.  You may have to bring up that issue with the contractor that put on your roof.

And there are other types of water damage that can occur in your home.

Posted 3:50 PM

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