Water Damage at Home

Water damage is the most common type of home damage and accounts for about 25 percent of all insurance claims.  While a typical homeowners’ insurance policy will cover water damage caused by defects inside the home, flooding caused by an outside source—say a rising river or overflowing storm drain—must be dealt with by a separate flood insurance policy.  Homeowners are always encouraged to have separate flood insurance in areas where there is the potential of flooding.