Does Home Insurance Cover Water Damage?

Your home is your sanctuary: a place to relax with loved ones and unwind from the hectic outside world. Many people love to use their free time to improve or renovate their houses or apartments, making their living environment a reflection of their personality and lifestyle.

The last thing anyone wants is a water leak in their home. Water damage can result from burst pipes, which can be devastating if it results in your home being impacted. 

Typically, home insurance will cover the cost of water damage created by burst pipes, and it is a good idea to check with your insurance provider so you know the scope of coverage your policy offers. 

It is advisable to put protection in place in case of water damage to your home. In this article, we explore the reality of water leakage and whether home insurance covers water damage when it is caused by burst pipes. 

Contents

• What is home insurance?
• What are the different types of home water damage?
• Does home insurance cover water damage?
• Safeguard your home with GasanMamo home insurance. 

What is home insurance?

In general, home insurance is divided into two main sections: building insurance and contents insurance. Insurance policies can be taken out for these two sections together or even just one of them.

A home insurance policy will typically cover the following:

Buildings and Contents insurance

• Fire, explosion and smoke damage
• Theft or attempted theft
• Damage due to lightning or storms
• Falling tree damage
• Impact on the building’s physical structure from vehicles or animals
• Option to include accidental damage cover

What are the different types of home water damage?

Water can negatively affect your home in a number of ways. For many homeowners, the initial water leakage may be a shock, but if left untreated, water can cause more serious damage.

Home water damage can be classified in the following areas:

1. Escape of water from fixed plumbing installation

This happens when water unexpectedly impacts your home, such as with a burst pipe or faulty home appliance. Some home insurers will include this area in the standard level of coverage. 

2. Storm and flood damage

Typically, some home insurance policies cover storm or flood damage from heavy rainfall or flooding from a natural disaster. However, it is worth noting that this coverage could be an additional item for a home insurance policy. 

3. Roof leaks

A damaged roof from a storm or falling tree could cause water leakage into your home. This could be covered under your home insurance policy, so it makes sense to check the details and conditions. 

Does home insurance cover water damage?

In most cases, a typical home insurance policy does cover water damage to your home. For example, GasanMamo’s standard home insurance policy covers water escaping from any fixed plumbing installation, washing machine, dishwasher, refrigerator, freezer, water bed or fish tank.

Home insurance policies will always have special exclusions and limitations for losses as a result of escape of water. For example, loss or damage by wear and tear, or loss or damage to a fixed plumbing installation.

Example of this would be long-term water damage that happens gradually over time or water damage that occurs due to negligence of the property. When leaks aren’t repaired or appliances aren’t cared for and water damage happens as a result, this is unlikely to be covered by home insurance. 

Safeguard your home with GasanMamo home insurance

Find peace of mind and protect your property with GasanMamo home insurance. Our home insurance policy looks after approved aspects of your buildings, contents and possessions so that you feel reassured in the event of an accidental or unexpected event taking place.

Not only does our home insurance policy cover all of the basics you would expect, but we also have a range of automatic extensions for buildings and contents. These include cover for accidental breakage of fixed glass, sanitary fixtures and underground services under buildings.

In addition, automatic extensions for contents include accidental damage to home entertainment equipment, damage to locks and the loss of keys, amongst other covered items. 

Get in touch with our friendly team of home insurance experts to find out more or browse the details on our home insurance page. 

GasanMamo Insurance is authorised under the Insurance Business Act and regulated by the MFSA.