Does renters insurance cover water damage? The quick answer is both yes and no. It all boils down to the cause of the water damage. For example, if the source of your water damage is from inside the home, like a burst pipe, then most likely it is covered by your landlord’s homeowners insurance. However, if the water damage occurred as a direct result of flooding, then no. Please be aware that this information is general and every insurance company can differ on coverage. Therefore, it is of utmost importance to read your policy information, before assuming anything. Flood insurance can possibly be purchased as a separate policy, if needed.
Do I need Flood Insurance?
The necessity of flood insurance depends on where you live. If your house is in a flood zone, then it would be advantageous to purchase a flood insurance policy. Consider reviewing policy options from the National Flood Insurance Program, managed by FEMA. Sewer back-ups, like flooding, cause very expensive damage and is a reason you’ll need a separate policy or endorsement to your main policy (bobvila.com).
Remember, it is important to review your current renter’s insurance policy or the policy that you plan on purchasing. Many companies can vary on what they cover. While they may not cover damage to your home from a flood or sump pump failure, they may protect your personal property. Since we are talking about renter’s insurance, it is important to note that many policies just cover your belongings. However, your landlord should have a policy in place that protects their investment. You’ll certainly want to ensure that you are not paying for extra coverage that they already have for the house. Likewise, you don’t want to have any gaps in coverage either. If you’re uncertain, it’d be wise to contact your landlord for clarity.
Still not sure if your renters insurance covers water damage? The pros at Comeback Restoration can help you figure it out! Also, if you should face the unfortunate event of water damage to your home, Comeback Restoration can help!
The Best Option for Water Damage Service
Comeback Restoration is the best option for water damage service. They have been in the restoration business for over 30 years! Comeback Restoration serves Louisiana and the Gulf Coast with mold removal, mold remediation, water mitigation, flood restoration, water damage restoration, water damage cleanup, and fire damage restoration. They have been in the restoration business for over 30 years! Comeback Restoration serves Louisiana and the Gulf Coast with mold removal, mold remediation, water mitigation, flood restoration, water damage restoration, water damage cleanup, and fire damage restoration. They can even help you understand whether or not your renters insurance covers water damage! They understand that emergencies are not on a 9-to-5 schedule, therefore, they offer 24-hour emergency service. Call (850) 530-5732 or email donald@comebackrestorationllc.com to learn how they will turn your setback into a comeback!