Water Damage Coverage From Fire Insurance

Fire insurance covers the different types of damages caused by fire. However, it is important that water damage should also be covered with your fire insurance the fact that water is used by firefighters to quell fire. Having said this, it is appropriate to call fire insurance into home insurance instead.

A fire insurance covers many different cases of water damage. Examples of damage that are covered by a fire insurance include leaking water pipe or roof. Furthermore, water damage in the wallpaper, the carpet or parquet are also covered with this insurance. The thing about fire insurance is that the policyholder must do everything to prevent further damage. The policy holder will be reimbursed as long as the damage of the fire and water damage is serious. If your building has tenants, then the fire insurance also covers the tenants of at least 20 times the annual rent amount plus expenses.

Despite the very wide coverage and the many costs that are reimbursed by the insurer in the event of water damage, it is obvious that not everything covered. Some examples of items not covered in the event of fire include the sewers, flooding and damage caused by a lack of maintenance, groundwater or damage along the walls. In addition, the cause of water damage are never reimbursed. For instance, a hole in the roof will not be restored through a reimbursement by the insurer. The policy holder is the one responsible for fixing the problem. Also excluded include damages due to frost.

Floods are generally covered, but limited. For example, many insurance companies exclude cases of damages from outside the house which include the garden sheds and vehicles. In addition, any goods in basements are often excluded from coverage against flooding. This is because the insurance company considers these damages as avoidable as there are safer places for storing goods or property.