Does Homeowner’s Insurance usually cover broken water pipes?
Friday, June 26th, 2009 at
12:40 am
Mr Kranky asked:
The main water leak seems to be closer to our curb by the street, but the City said it was on our property line. I’m a little skeptical, but I figured if it’s covered then it won’t be such an issue.
The main water leak seems to be closer to our curb by the street, but the City said it was on our property line. I’m a little skeptical, but I figured if it’s covered then it won’t be such an issue.
Tagged with: Homeowner Insurance • Insurance Cover • Water Leak
Filed under: Homeowners Insurance
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It is not covered.
Here anything attached to the house is part of the house. With water pipes you get a certificate from the plumber and you can claim back the water usage. There are cases where the insurance will pay for the repairs but you have to cut through a lot of red tape. If it is past the cut-off, you can cut it out thread it and join another pipe at relatively low cost and a lot of elbow grease.
Insurance typically will cover the damage that water from broken pipes may have done to your home, although not the actual pipes themselves. Something you may want to look into, however is the fact that your insurer may offer a specific endorsement to your policy which will cover the pipes, too (you pay additional premium for it).
My insurance company told me this after my main water line into my house ruptured due to corrosion (which they covered me for on the replacement of cabinetry, drywall, painting, etc.), wherein I had to pay the plumber myself $1,200.00!
Look into it! The endorsement to my policy was only an additional $48.00 per year…so you do the math
very good of them to let me know after all was said and done and the settlement was paid, huh?!
Good luck!