In most cases of pipe burst, appliance malfunction or overflows, your homeowner’s insurance will most likely cover the flood damage.Īppliance Malfunction – While the flood damages of a malfunctioning appliance may be covered, if the insurance provider can prove that you neglected regular maintenance on the malfunctioned appliance (washing machine, dishwasher, etc.) damages will not be covered. What Homeowner’s Insurance Typically Covers Two great examples are sewage backup and sump pump failure. Rider Policies – Rider policies are purchased in addition to homeowner’s and flood insurance policies to provide coverage for events not covered or with limited coverage by the primary policy. Homeowner’s insurance does not cover flood damage. Homeowner’s Insurance – Covers damages caused be appliance malfunctions, accidental overflows, pipe bursts, and water heater malfunctions.įlood Insurance – Covers damages caused by storm surge, rising floodwaters, and mudflow (see below). Homeowner’s Insurance or Flood Insurance – Which Applies When? The team at has compiled the following information to help answer some of the more common insurance questions after a basement flood.
In addition to homeowner’s and flood insurance, rider policies are purchased (when made available by the insurance provider) to help cover what the original policy does not. With either of the policies, there are limitations to what they will cover and how much of the damages will be covered. The two insurance policies that are in question are homeowner’s insurance and flood insurance. Whether the cause is obvious or not, you need to know exactly what has occurred in order for the right insurance policy to cover your losses.
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