Securing the right building insurance in Astoria, New York, is imperative for homeowners and commercial business owners to pay for damage that occurs to the structure of their home or office due to a disaster. Here’s a look at what building insurance covers.
Does Building Insurance Cover Water Damage from Leaking Pipes?
The building coverage of your homeowners policy usually covers water leaks caused by faulty pipes, as long as it wasn’t due to negligence.
You will need other types of coverages to ensure all your belongings are covered in case of a flood. Dwelling coverage protects your home’s roof, walls, and floor. Property coverage replaces clothes, furniture, electronics, and other personal contents within the structure. If you are forced to temporarily move out of your home due to a disaster, you’ll need additional living expenses (ALE) coverage to pay for your accommodation and food expenses.
What Types of Plumbing Damage Aren’t Covered by Building Insurance?
Building insurance covers leaks due to plumbing malfunction and broken pipes, but not necessarily all types of water damage. It doesn’t cover damages resulting from the normal wear and tear of the building’s plumbing system. You need additional coverage for problems such as a backed-up drain. When you file a claim, your insurer will send an adjuster to your home to evaluate the damage. If the adjuster decides if the leak occurred due to the wear and tear or lack of maintenance, it would not be covered.
How Can You Spot a Water Leak?
The best way to spot water leaks is to look for them when you periodically inspect your home. Not all leaks are visible, but they can usually be spotted on ceilings where there’s a bulge or stains. Be aware that even small leaks can grow quickly, so they should be addressed immediately. At night or when the house is quiet, listen to the dripping noise or trickling sound the leaks (if any) make. The musty smell in your house is another telltale sign of a leak.
What If I Have a Leak
Your first move when you spot a leak should be to stop the flow of water. If the water has already caused damage, photograph it for claim evidence. Then shut off the home’s water system and try to find the source of the leak. You can reduce moisture in the air with an air conditioner or humidifier. Make sure all electrical wiring is dry.
Consult with 01 Insurance
A burst pipe or ruptured water heater can cause considerable water damage, but building insurance pays to restore your home. Contact our team at 01 Insurance today for more information on the different types of coverages you need for your home.
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