In the event of flooding or heavy downpour, you may ask, "does homeowners insurance cover water damage?" Learn what water damage is covered in your policy.
Homeowners insurance covers water damage from plumbing issues if the leak is sudden and accidental, such as a pipe bursting or a dishwasher supply hose breaking. However, if the plumbing leak was caused by poor maintenance, such as failure to repair a leaky sink, your policy will not cover ...
Homeowners insurance coverage pays to repair or replace damaged property, including your belongings and the structure of your house. Home insurance generally covers damage due to fire, wind or snow, but standard policies won’t cover floods or earthquakes. It also covers your liability if you hurt...
Homeowners insurance typically does not cover expenses related toidentity theft, but many carriers offer identity theft coverage as a home insurance endorsement. Some insurers automatically include this coverage on standard home insurance policies. This coverage typically helps pay for identity restoration ...
Whether your homeowners insurance policy covers mold damage largely depends on the cause of the mold. Here’s what you need to know.
Homeowners insurance policies spell out a list of “covered perils,”meaning instances of damage to the home for which you’re eligible to file a claim. The main cause of mold formation is water seeping into the structure of your home, so you need to know which water-related covered perils...
“I used a RamseyTrusted insurance pro and ended up saving a lot—and got insurance better suited for my home and car,” she said. “I was overinsured in some areas and underinsured in others.” Will Homeowners Insurance Cover . . . ?
While homeowners insurance covers many circumstances, there are several that are not. Flooding Your policy will usually cover"sudden and accidental"water damage that can be traced to a source inside your home, like a burst pipe. Flooding from outside the home, however, usually requires a separat...
In general, standardhomeowners insurancepolicies cover renovations. However, it's to your advantage to check with your agentbeforethe project gets underway to make sure that you will be adequately covered during and after the renovation. There are two key reasons why this is important: Your existi...
Whether you should call your homeowners insurance company for a roof leak depends on a few factors. If the leak is due to wear and tear or the age of the roof, it doesn't make sense to call your insurance company, because most policies don't cover those kinds of leaks. It also may...