“I discovered water damage in my home. Will insurance cover me?” Sep 1st

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My washing machine has been leaking for years, and we only just learned of the leak and the resulting damage because of staining on our basement ceiling below. Will my home insurance cover this? —Alison

Does home insurance cover water damage?

The end result of water damage to your home is almost always the same: repairs to your floors, drywall or electrical and heating systems. However, the cause of the damage ultimately determines whether it’s likely to be covered by home insurance. What matters is how the water enters your home.

Whether or not a water claim is covered also depends on the type of insurance you have. Many home owners opt for comprehensive home insurance, which offers the most coverage, but there are other options available, such as a basic or broad home insurance policy. (Here’s how to compare policies before you buy).

Comprehensive insurance covers the home and its contents from a number of risks, including many water-related claims. Along with earthquakes, the one common exclusion is flood damage caused by natural disasters…

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