{"id":6026,"date":"2024-04-16T21:13:44","date_gmt":"2024-04-16T21:13:44","guid":{"rendered":"https:\/\/www.restopros.co\/ga-northeast\/?p=6026"},"modified":"2026-02-26T13:14:25","modified_gmt":"2026-02-26T13:14:25","slug":"will-insurance-cover-my-water-damage","status":"publish","type":"post","link":"https:\/\/www.restopros.co\/ga-northeast\/blog\/will-insurance-cover-my-water-damage\/","title":{"rendered":"Will Insurance cover my water damage"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-6027 size-full\" src=\"https:\/\/www.restopros.co\/ga-northeast\/wp-content\/uploads\/sites\/22\/2024\/04\/Will-Insurance-cover-my-water-damage.jpg\" alt=\"\" width=\"695\" height=\"423\" srcset=\"https:\/\/www.restopros.co\/ga-northeast\/wp-content\/uploads\/sites\/22\/2024\/04\/Will-Insurance-cover-my-water-damage.jpg 695w, https:\/\/www.restopros.co\/ga-northeast\/wp-content\/uploads\/sites\/22\/2024\/04\/Will-Insurance-cover-my-water-damage-300x183.jpg 300w\" sizes=\"auto, (max-width: 695px) 100vw, 695px\" \/><\/p>\n<p>You come home after the holidays and find a small pond in your basement that has materialized. Something in the house leaked, spilled, or exploded. Your first reaction? Panic. Second: Will insurance cover this?<\/p>\n<p>Take a deep breath and avoid panic. The following steps should help you.<\/p>\n<h2>How to get water damage covered by insurance<\/h2>\n<ol>\n<li>Determine the source of the water; take steps to keep it from flowing. When you are sure it is safe to do so, take immediate action to prevent more water from flowing where it shouldn\u2019t. This can mean closing your home\u2019s main valve (which often requires a faucet) or a single water supply valve. , also known as \u201cstop\u201d. Stops that lead to your dishwasher, toilet, washing machine, or ice cube maker can usually be turned off manually (clockwise) to stop the flow of water. Learn more about closing the water supply valves here. By the way: Before a disaster occurs, you should find out about water leak detection systems and automatic shut-off valves. With a small investment, you can avoid serious damage and potentially save money with a discount on home insurance.<\/li>\n<li>Determine if your home insurance covers water damage. In 2018, almost every fourth loss in household insurance was due to water damage.\u00a0 Water damage is NOT insured if it is the result of poor maintenance or neglect in the house (e.g. a roof that has not been repaired in 30 years). Water damage generally covered by home insurance if it is Sudden and accidental problems with plumbing or equipment, Frozen and burst pipes, Leaking roof, Ice dams, Vandalism (remember the Wet Bandits in Home Alone?) Water damage generally will NOT be Covered by home insurance if Groundwater getting into your basement Flood or rapid thawing into your basement (unless you have flood insurance) Sewer or backup water pipe (unless there is one Backup for sewage backups that can easily be added to any homeowner\u2019s policy) Leakage on old and corroded pipes Leakage on an old roof without maintenance Damage from permanently leaking faucets or toilets not repairing mold, rot or fungus (unless the cause is covered)<\/li>\n<li>Call your insurance agent and report the claim. In the event of water damage, time is of the essence. According to FEMA, mold and mildew can develop 24-48 hours after exposure. So if your pipeline bursts on Friday night, don\u2019t wait until Monday morning to let your agent \/ insurance company know what\u2019s going on. If you cannot completely clean and dry the area yourself, it makes sense that you at least contact a water damage \/ remediation company. Insurance companies may not be ready to recommend a specific water damage company, but they should help you identify several local options to choose from. NOTE: If your personal insurance agent is unavailable to speak to you at the time the claim occurred, be sure to follow up during business hours. Why? There is a huge difference between insurance agents and insurance companies. Ideally, both of you should know what is going on in your home. In the event of a claim, your agent\u2019s job is to act as your advocate and make sure you get a timely and satisfactory response from the carrier. Agents can also help you negotiate compensation for damages.<\/li>\n<li><b>Professionally clean\u00a0<\/b>the water and\u00a0<b>moisture.<\/b><br \/>\nA\u00a0<b>Water Damage \/ Remediation Contractor<\/b>\u00a0is often required to pump out standing water and thoroughly dry any\u00a0<b>surface<\/b>\u00a0before moisture or mold\u00a0<b>spreads.<\/b>\u00a0after sealing and ventilating the wet area.\u00a0<b>Please note that<\/b>\u00a0the\u00a0<b><a href=\"https:\/\/www.restopros.co\/ga-northeast\/services\/water-damage\/\">Water Damage \/ Remediation Contractor<\/a>\u00a0<\/b>you choose\u00a0<b>doesn\u2019t<\/b>\u00a0have to be the same company you use to repair walls,\u00a0<b>floors,<\/b>\u00a0ceilings, cabinets,\u00a0<b>etc.<\/b>\u00a0after the water\u00a0<b>is removed,<\/b>\u00a0in addition to water and mold\u00a0<b>repairs,<\/b>\u00a0often they are not the best\u00a0<b>option<\/b>\u00a0for your\u00a0<b>repairs. Don\u2019t<\/b>\u00a0sign any contracts or\u00a0<b>accept<\/b>\u00a0additional repair work without getting a\u00a0<b>quote<\/b>\u00a0and\u00a0<b>talking to<\/b>\u00a0at least one other\u00a0<b>contractor. Often times,<\/b>\u00a0the best person\u00a0<b>for<\/b>\u00a0carpentry, flooring, or drywall is\u00a0<b>someone<\/b>\u00a0who specializes in carpentry, flooring, or\u00a0<b>drywall, not<\/b>\u00a0a\u00a0<b>Water Damage \/ Remediation Contractor.\u00a0<\/b><\/li>\n<li>Determine if you need to leave the\u00a0<b>house.\u00a0<\/b>In\u00a0<b>severe<\/b>\u00a0cases, water damage can lead to unsafe or\u00a0<b>unsanitary<\/b>\u00a0living conditions\u00a0<b>in<\/b>\u00a0the\u00a0<b>house. A major flood<\/b>\u00a0can draw household chemicals or\u00a0<b>sewage<\/b>\u00a0into the\u00a0<b>mixture,<\/b>\u00a0something\u00a0<b>that shouldn\u2019t happen.\u00a0<\/b><b>There is a<\/b>\u00a0risk of\u00a0<b>electric shock and<\/b>\u00a0mold spores can\u00a0<b>pollute<\/b>\u00a0the\u00a0<b>air even after the standing water has run away.\u00a0\u00a0<\/b>If you suspect any of these issues\u00a0<b>may be<\/b>\u00a0at\u00a0<b>stake,<\/b>\u00a0ask your agent and\u00a0<b>Water Damage \/ Remediation Contractor<\/b>\u00a0team\u00a0<b>for advice<\/b>\u00a0on the safest course of\u00a0<b>action. However,<\/b>\u00a0you\u00a0<b>will<\/b>\u00a0want to\u00a0<b>know<\/b>\u00a0how much\u00a0<b>coverage<\/b>\u00a0(if any) you have for these\u00a0<b>items and<\/b>\u00a0how\u00a0<b>you are likely<\/b>\u00a0to\u00a0<b>manage<\/b>\u00a0and\u00a0<b>list those costs<\/b><b>. Eat<\/b>\u00a0elsewhere, be\u00a0<b>ready<\/b>\u00a0to save receipts.<\/li>\n<li>Take photos of the damaged area and damaged items. Your home restoration team will likely be taking pictures of the damaged area, but you should take your own. (If you later decide to cut ties with this company, you don\u2019t want to chase them down for documents.) You should also take pictures of anything that needs cleaning or replacement. they are only part of the loss. Objects in drawers or cupboards where mold has formed should also be professionally cleaned. You may be entitled to a reimbursement for these costs. NOTE: In the event of water damage, most insurance companies will not cover the device that caused the failure. For example, if your ice maker or dishwasher leaks behind your cabinets, your insurance may cover drywall and cabinet replacements, but not a new refrigerator or dishwasher.<\/li>\n<li>Meet with your adjuster. The insurance company will send an expert to your home as soon as possible, who will assess the damage, take photos and intervene. The adjuster will also ask you questions about how and when the damage occurred. Its goal is twofold. try to estimate how much it will cost to repair the damage. The second is to determine whether someone was to blame. You might be thinking, uh oh \u2026 what if it was my fault? Do not worry. Unless you intentionally caused the problem (e.g. insurance fraud), your insurance policy is there for you. The insurance is intended for accidents. Even Stupid ones. If you leave a candle burning overnight and your house catches fire, it is still covered, although yes it was your fault. The same principle applies to water damage. If you (incorrectly, accidentally) install your own toilet and water starts raining through the ceiling, you are still covered.\u00a0 Your insurance company can try to claim compensation from the manufacturer of a defective washing machine. This is good news for you because if you can successfully subrogate, you may not have to pay your deductible to claim.<\/li>\n<li>Understand\u00a0<b>Your Loss Adjustment:<\/b>\u00a0ACV vs.\u00a0<b>Replacement Costs.<\/b><br \/>\nAt some point after your\u00a0<b>appraisal, your appraiser<\/b>\u00a0will send\u00a0<b>you<\/b>\u00a0a written estimate of what\u00a0<b>they think<\/b>\u00a0should cost\u00a0<b>the<\/b>\u00a0repair\u00a0<b>of<\/b>\u00a0your\u00a0<b>damage. You<\/b>\u00a0will\u00a0<b>likely<\/b>\u00a0create a list of line items for\u00a0<b>work<\/b>\u00a0and materials (drywall, paint, mortar, tile,\u00a0<b>etc.). Also, depending<\/b>\u00a0on\u00a0<b>the amount<\/b>\u00a0of\u00a0<b>damage, you can write<\/b>\u00a0a check for all or\u00a0<b>part<\/b>\u00a0of\u00a0<b>that amount<\/b>\u00a0so\u00a0<b>that<\/b>\u00a0you can\u00a0<b>begin the repair.\u00a0<\/b>Warning<b>; This payout number<\/b>\u00a0may seem a little\u00a0<b>low. Unless<\/b>\u00a0your home insurance\u00a0<b>has been<\/b>\u00a0written to provide\u00a0<b>a \u201creplacement value\u201d,<\/b>\u00a0your\u00a0<b>overall<\/b>\u00a0estimate\u00a0<b>will<\/b>\u00a0likely\u00a0<b>be<\/b>\u00a0based on an actual\u00a0<b>present<\/b>\u00a0value, or ACV. The ACV represents\u00a0<b>the true value of<\/b>\u00a0your property\u00a0<b>today, not<\/b>\u00a0what you paid for\u00a0<b>it<\/b>\u00a0or what it would cost to\u00a0<b>remodel it.\u00a0<\/b>For example, if you spent\u00a0<b>$ 20,000<\/b>\u00a0on new cabinets 15 years ago, your loss\u00a0<b>statement will<\/b>\u00a0reimburse you for\u00a0<b>$ 20,000,<\/b>\u00a0minus\u00a0<b>depreciation. Here is<\/b>\u00a0more\u00a0<b>information about<\/b>\u00a0ACV versus replacement cost.\u00a0<b>Here\u2019s<\/b>\u00a0a tricky\u00a0<b>caveat \u2026<\/b>\u00a0in some cases, insurance companies offer\u00a0<b>something<\/b>\u00a0called a\u00a0<b>\u201cdepreciation allowance\u201d. That means they\u2019ll pay<\/b>\u00a0you back\u00a0<b>the remaining<\/b>\u00a0depreciation\u00a0<b>in the end,<\/b>\u00a0but only after you\u00a0<b>have demonstrated that<\/b>\u00a0you used all\u00a0<b>of<\/b>\u00a0the money they gave you\u00a0<b>for the related<\/b>\u00a0repairs and also paid your deductible\u00a0<b>for<\/b>\u00a0the\u00a0<b>repairs.\u00a0<\/b>Why do insurance companies pay\u00a0<b>damage<\/b>\u00a0this\u00a0<b>way? In<\/b>\u00a0part,\u00a0<b>it\u2019s<\/b>\u00a0because\u00a0<b>they make<\/b>\u00a0sure\u00a0<b>you\u2019re<\/b>\u00a0using the money as intended. More than once,\u00a0<b>a<\/b>\u00a0homeowner has\u00a0<b>accepted<\/b>\u00a0a water damage settlement and\u00a0<b>gone<\/b>\u00a0to\u00a0<b>Las Vegas without worrying about<\/b>\u00a0the damage\u00a0<b>they claimed. Or, you\u2019ve used<\/b>\u00a0the entire\u00a0<b>estate<\/b>\u00a0to dramatically upgrade\u00a0<b>part<\/b>\u00a0of\u00a0<b>your home by replacing the<\/b>\u00a0linoleum\u00a0<b>tiles<\/b>\u00a0with Brazilian\u00a0<b>hardwood. Part<\/b>\u00a0of the\u00a0<b>adjuster\u2019s<\/b>\u00a0job is to keep you on\u00a0<b>the path to<\/b>\u00a0a complete and\u00a0<b>fair<\/b>\u00a0repair.\u00a0<b><br \/>\n<\/b>Note:\u00a0<b>Insurance company<\/b>\u00a0settlement checks are often made out to you and your mortgage\u00a0<b>lender, which<\/b>\u00a0means you need to\u00a0<b>mail<\/b>\u00a0the check to the mortgage\u00a0<b>company<\/b>\u00a0and\u00a0<b>obtain confirmation from<\/b>\u00a0the\u00a0<b>draft loss department<\/b>\u00a0before you can cash\u00a0<b>in, rather than<\/b>\u00a0time and frustration\u00a0<b>for<\/b>\u00a0the\u00a0<b>repayment process make sure<\/b>\u00a0your lender knows\u00a0<b>that<\/b>\u00a0your\u00a0<b>home has been damaged.\u00a0<\/b>Once they know, they\u00a0<b>can request<\/b>\u00a0a home inspection after the\u00a0<b>repairs are complete.<\/b><\/li>\n<li>Meet with multiple contractors. Now that the water is gone and the chance of mold or mildew is removed, it is time to repair \/ rebuild the affected area. For small jobs, it may not be as important to meet with multiple contractors. After all, the difference between a few hundred dollars might not be worth the time you would spend contacting, interviewing, or visiting different professionals. On the other hand, if you are considering a large project, especially one with multiple subcontractors, it makes sense to find the best partner. Again, your insurance company won\u2019t tell you who to contact. It is up to you to review contractors, make sure they are properly licensed and insured, and compare their offerings against your appraiser\u2019s billing numbers. Another benefit of meeting multiple contractors is that if you think your appraiser\u2019s estimate is too low, it can help show that more than one professional is in agreement.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>You come home after the holidays and find a small pond in your basement that has materialized. Something in the house leaked, spilled, or exploded. Your first reaction? Panic. Second: Will insurance cover this? Take a deep breath and avoid panic. The following steps should help you. How to get water damage covered by insurance [&hellip;]<\/p>\n","protected":false},"author":20,"featured_media":6027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-6026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-how-to"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Insurance cover my water damage - Northeast Georgia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.restopros.co\/ga-northeast\/blog\/will-insurance-cover-my-water-damage\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Insurance cover my water damage - Northeast Georgia\" \/>\n<meta property=\"og:description\" content=\"You come home after the holidays and find a small pond in your basement that has materialized. 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