Is water damage covered by home insurance?

The freezing temperatures of Winter Storm Uri burst pipes in thousands of homes in 2021. After the storm, Texans filed more than 450,000 insurance claims for about $8 billion in insured losses.
We talked to Gammy Martinez of TDI’s Property and Casualty Section about insurance coverage for water damage. Here’s what to look for.

Are insurance policies the same when it comes to covering water damage?

No, each policy can be different, so it's always best to know what's covered and what’s not. Read your policy and ask your insurer about anything you aren’t sure about.

Does home insurance cover mold and water damage?

Does insurance pay for burst pipes?

How can I prevent or lessen water damage?

If there’s a water break, cut off the main water line so the water doesn't continue to run. There should be a switch outside your home. Things like that can slow down or prevent more damage, which is something your insurance company will expect you to do. If you don’t, they might reject your insurance claim.

Does flood insurance cover burst pipes?

No, a flood policy won’t cover damage caused by something inside a home. It’s a good idea to consider purchasing separate flood insurance to cover damage caused by floods.

#WaterDamage #FloodInsurance #HomeInsurance

00:00 Is water damage covered by home insurance?
00:33 Do all insurance policies cover water damage?
01:32 Does home insurance pay for burst pipes?
02:16 Does home insurance cover mold and water damage?
03:10 Does renters insurance cover water damage?
03:35 How can I prevent or lessen water damage?
04:26 Does flood insurance cover water damage or burst pipes?