A small drip today can lead to a big expense tomorrow.
Most standard home insurance policies DO NOT cover long-term water seepage or leakage. This means if water slowly leaks over time from a plumbing system, appliance, or supply line, you could be left paying for the damage out of pocket.
And the cost to repair can be very expensive – often running into thousands of dollars.
Even worse, the moisture can cause mold damage, which likely would not be covered without this specific endorsement.
Until recently, many companies did not offer this endorsement. If you haven’t had an insurance review in a while, consider contacting your agent to discuss your homeowners coverage and the various options that are now available.
Why it matters
Protects against hidden leaks that can cause extensive damage over time.
Saves you from out-of-pocket expenses that can be financially devastating.
Provides peace of mind knowing that your home is better protected.
It could help with resulting mold damage that standard policies exclude.
Inexpensive Protection. Priceless Peace of Mind.
The cost for this endorsement is relatively inexpensive – especially when you consider the potential cost of repairs. A few dollars today could save you thousands tomorrow.
Have questions about your current coverage? Contact us for a policy review!