Home Owners Insurance and Flood Damage

6 Ways To Prevent Floods
July 21, 2016

Home Owners Insurance and Flood Damage

Most people spend there lives not knowing much about their insurance policy until after they have had an accident. Although different states have different specific policies, we can share general policy details.

If you live in a flood prone area, it highly recommended you get flood insurance. Most insurance policies don’t cover floods, which are the most common natural disaster in the nation. On average flood claims go for more than 42,000 dollars, not the out of pocket expense you would want

Water damage, as covered in the homeowner’s policy includes ‘instances of water hitting your home before touching the outside ground’. This means that damage from a leaky roof or broken pipe are insured. So is the mold from those accidents. But mold resulting from a flood won’t be covered unless you also have separate flood insurance.

It’s important to note that it is the damage to your home that’s insured, not the actual item that failed. So if a busted pipe was the source of the problem, the ruined carpet will be covered but not the broken pipe.

Flood insurance generally does cover building & foundation, electrical & plumbing, permanently installed carpet, paneling & furniture, removal of debris, built-in appliances In California, homeowners who file for water-damage may find their application for renewal denied. Insurance companies claim that the administrative costs of dealing with water damage are too high, so they worry about residual mold problems that might come  up.

While the first day or so after a catastrophic flood may seem like the end of the world, make sure you take the steps to prevent further damage. We can help you identify what needs to be done. Be sure to ask about time requirements. Most policies require that preventive measures and restoration work be done within a certain time period.

If you are experiencing water damage or flooding in your home, do not worry. San Diego Water Damage Repair in here to help! We are available 24/7 and can respond to emergencies in under an hour. Give us a call today! (858) 206-8383

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