How to Make a Successful Water Leak Insurance Claim – Thousands of people normally file an insurance claim in a year for various reasons. However, the one that takes the cake and most people normally file is an insurance claim about a water leak.
Water leak and frozen pipe insurance claims are two of the most popular insurance claims that insurance customers file. So we will look at how to make a successful water leak insurance claim today.
How to Make a Successful Water Leak Insurance Claim
If you are about to file an insurance claim for a water leak, you are not alone as there are thousands of people wanting to do the same. This is because water leakage is one of the most common problems in many homes. The only problem is that water leak insurance claims are not as straightforward as you might think. This means that you definitely need help to do so.
What is Water Damage Insurance?
One of the major things that people insure is their property. This means that the insurance company will pay money for you to replace your property if it is damaged. If you have experienced any form of property damage as a result of an unexpected event, you need to file a claim. But when it comes to water damage, there is no clear-cut insurance policy for that.
One of the reasons for this is that water damage can occur for a variety of reasons, and the coverage for various causes is different. This makes it complicated to know exactly if the source of your water leak might be included in your insurance coverage.
Many times, your insurance policy might include water damage, but there are exceptions that might just be your case. In that case, you might need a broader or extended water coverage policy to cover all possible causes of water leakage.
What Water Damage is Covered?
From what I have said above, you now know that not all water damage is covered by your insurance policy. Therefore, to get peace of mind and ensure that all water damage is covered by your policy, you need to go for a broader one. That being said, if you have ordinary water damage coverage, there are certain things that are covered in that policy.
An ordinary water damage policy An insurance policy normally covers all the water damage below.
- Sudden or accidental water discharge
- Storm-related water damage
- Accidental sewer backup or overflow
- Flood damage (if you have flood insurance)
In light of this, once your water damage falls between these categories, you are definitely going to get insurance coverage for it.
Water damage types that are not commonly covered by insurance – Types of water damage not commonly covered by insurance
Above, we have seen all the types of water damage that are covered by your basic insurance plan. What this means is that not all water damage is covered by insurance. So, if you are facing damage that is not covered by your insurance, you are definitely going to use your money to fix it. Below are the damages not included in your basic insurance:
- Lack of maintenance
- Broken pipes
- Mould or rotting
- Foundation seepage
- Roof damage
Should you claim a water leak on your insurance?
As much as everyone will love to file a claim to get their water leak damage fixed by the insurance company, they should ask themselves if it is a good choice to do so. A water leak is a big problem that gets on your nerves and needs to be tackled immediately. It is definitely going to end up being a bigger problem if you do not fix it now.
So now is the right time for you to file your claim with your insurance company to avoid your plan being declined in the future. It is always appropriate to file a claim at the beginning of an incident after proper documentation rather than when it has gotten worse. Because your claim might definitely get declined if the situation becomes worse,
How to Make a Successful Water Leak Insurance Claim
Now that you have seen that your insurance policy might not cover your water leak, it is now time for us to look at the steps involved in filing a claim. Follow the below procedure to learn how to file a successful water leak insurance claim:
- First of all, you need to document the water leak properly.
- After documenting the water leak, the next step is to get the leak under control.
- Now, prepare your evidence like photos and videos of the leak you documented in step 1.
- Notify your insurance company of the water leak.
- Appoint a loss assessor who will engage with the insurance company on your behalf.
- If you are satisfied with your loss assessor’s report, carry on with your repairs.
- Finally, you need to submit the claim you have prepared with your loss assessor to the insurance company.
Once that is done, it is now a waiting game for the insurance company to take action, which is basically about a month plus.
Frequently Asked Questions
How does insurance work for water damage?
Water damage is one of the most common insurance claims that is filed by thousands of people yearly. A water damage claim can be difficult to understand because there can be a variety of causes for your water damage. Therefore, there are certain types of water that mean that it is covered by your insurance, which is listed in this article.
How do you make a successful insurance claim?
To make a successful water damage claim, you need to pay attention to or photograph the damage and then contact your insurance company. Once your claim is approved, he will receive payment to start work immediately. After providing proof you have started work, you receive subsequent payments to complete repairs.
What is the biggest concern with water damage?
The most serious concern with water damage is the growth of mould in your home, which thrives in areas where there is an abundance of water. So you need to fix the water damage immediately.
What is the most common cause of water damage?
The most common causes of water damage are listed below:
- Severe weather
- Clogged gutters
- Leaking pipes
- The washing machine’s water supply line leaks
- Condensation from AC
- Blocked drains
- Malfunctioning sprinkler systems
- A leaking water heater
Does house insurance cover water leaks?
Most standard buildings and content insurance policies normally cover water leaks and damages. Water leakage is often referred to as an escape of water in the policy booklet check yours for this policy.