» MORE: Does homeowners insurance cover roof leaks? Actual cash value vs. replacement cost coverage One of the most important decisions you’ll make when selecting home insurance coverage is whether to choose actual cash value or replacement cost coverage. Actual cash value is the amount it...
Damage from sudden, accidental leaks may be covered, but slow leaks that develop over time generally won’t be. (The latter are considered a maintenance issue.) SeeDoes Homeowners Insurance Cover Plumbing Problems? Roof leaks Maybe. It depends on why your roof is leaking. Insurance typically c...