Water Damage – Is it Covered by Insurance?

Water Damage - Is It Covered By Insurance?

According to the Insurance Information Institute, in 2018, nearly one in four home insurance claims was the result of water damage. From 2014-2016, the number of water damage claims in the U.S. actually outpaced the number of losses caused by fires and hurricanes. What do these numbers mean? Water damage is pretty common. But not every kind of water damage is covered by a typical homeowner’s policy.

For most cases, water damage is covered by Homeowner’s insurance policy if the cause is considered sudden or accidental. So this rules out appliances that leak due to a lack of maintenance or repair. In other words, it must be damage caused by something you couldn’t have predicted. Flood damage is also NOT covered unless you  have added flood insurance as an additional policy.

Water Damage Usually Covered by Home Insurance

Water Damage NOT Usually Covered by Home Insurance

What should you do if you have water damage?

Restore restoration is a leading provider of water damage mitigation services in the Chicagoland area. Offering quality drying, cleaning, tear-out, and repair for more than 35 years. Our expert technicians will inspect your damage, provide a thorough assessment, and deliver timely service when called to your property.

Do you have water damage and need an assessment? Call us at (847) 455-3000 for a free inspection!

Disaster Repair Services

Our team is fully equipped to make all repairs to your property following a fire or water loss. We take care of every detail from top to bottom, inside and out including damage estimates, loss reporting, architectural services, permit expediting, and lender notifications.