Did you know that home water damage claims are the most common? Depending on your insurance policy, your water damage may or may not be covered. It can be devastating to find out that the mold that’s been growing in your walls due to a leaking pipe isn’t covered by your home insurance. That’s why All Phase Restoration in Denver wants to help you understand water damage from an insurance company’s perspective so that you can better understand your policy and how it covers you.
Types of Water Damage
When it comes to water damage, you may think that there’s only one kind. In fact, insurance companies do categorize water damage causes to more effectively determine if you or they (the insurance company) is liable for coverage. Here are the most common categories of water damage:
- Water or sewer backup
- Accidental or sudden water discharge
- Storm-related water damage
Review Your Insurance Policy
Most insurance policies only cover certain categories of water damage — and even then, these water damage causes must be completely accidental or sudden. For example, if you’ve had a pipe in your wall leaking for the last 3 months, the mold that’s grown due to the moisture would, by definition, be your liability. However, if a pipe in your wall suddenly burst and caused a ton of water damage, you’re most likely going to get your insurance to cover it.
Ultimately, the liability of water damage restoration falls on the party who did the most to prevent the event. For example, if you’ve had your plumbing and home inspected every 3 months for the last year, but you don’t find mold until the fourth inspection, you may be able to claim on your policy. You’ve been doing your best to prevent the growth of mold, and the inspections have been passed.
Granted, every interaction and claim with insurance companies can be different, but you should always work to do your best to prevent water damage the best you can — and document the process.
Here are some examples of gradual water damage that your insurance company will most likely not cover:
- Any plumbing leaking over time, causing damage to your home.
- Water damage seeping through or coming up from cracks in your foundation.
- Neglected roof repairs that allow water to enter the home and cause damage.
- Corrosion, rot, or mold.
- Electrical wire deterioration due to water damage over time.
- Lack of repairs or poor repairs to your home.
It’s hard to accept that you won’t be covered when you just found water damage in your home. However, the cause could have been around for months. This unfortunate common occurrence is the reason you need to be proactive about keeping your home in proper functioning order.
All Phase Restoration: The Water Damage Restoration Experts in Denver
Do you have water damage to your home? At All Phase Restoration in Denver, we understand your frustration. What’s more, the longer you wait to clean up the water damage, the more it’s going to cost to restore. It’s important that you take action as soon as possible to take care of water damage in your home or business. Contact us today to start the process.