Water Damage: What is Covered, What Isn’t and How You Can Prevent It

Water Damage: What is Covered, What Isn’t and How You Can Prevent It

Water Damage: What is Covered, What Isn’t and How You Can Prevent It

The Insurance Bureau of Canada states that the Canadian insurance industry pays $1.7 billion each year in claims due to water damage. For the last few years, water damage claims have surpassed claims for fire damage. The reason for the increase appears to be severe weather that causes flooding, sewer back-ups and water forcefully entering your home.

Many homeowners assume that they are covered for all types of water damage. But a standard home insurance policy covers only certain types of water damage.

What is covered, and what isn’t?

Basically, your home insurance policy should cover any accidental water release inside your home such as a water line break, or overflowing appliances. This type of water damage is “clean water damage”.

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