fbpx Skip to Content
Follow Us!Follow Us On Facebook!Follow Us On Twitter!Follow Us On LinkedIn!Follow Us On Google Plus!Follow Us On Youtube!



Insurance carriers are trying to protect themselves from homes that may be susceptible to water damage and are thereby significantly reducing coverage, to as low as $10,000 in many cases, or removing the protection entirely. Common instances of water damage include busting pipes, leaking from the roof, or water heater and Air Conditioning Component leakage. Due to the frequency of these claims, most agents and homeowners are diligent in making sure that a homeowner’s insurance policy includes full coverage for water damage at the time it is written and bound. However, policies that already contain proper water damage coverage are now being altered or endorsed directly by the homeowner’s carrier to reduce this coverage at policy renewal as soon as the age of the home reaches 40 years.

It is important to pay attention to the insurance carrier notices and review your policy each year to ensure that there aren’t significant adjustments to your coverage. This 40-year mark is also a good reminder to inspect and update you homes roof and plumbing.

By diligently reviewing the notices sent to you directly from the insurance carrier, policyholders can catch the pending changes and adjust as necessary. Endorsements are available to keep full water damage coverage for homes over 40 years old, however they usually come with an additional cost. An alternative option, and one that would benefit your home, is to investigate updating the 4 major components of your home: Roof, Plumbing, HVAC & Electrical. Updates to these features of your home can make a huge impact on your insurance premium as well as prevent damages from failure in the future.

For more information regarding homeowner’s water damage coverage, it is important to speak with a licensed Insurance agent. Reach out to a Moore Resources agent to further discuss your options and ensure that water damage coverage is extended to your homeowners’ insurance policy.





Moore Resources is an Independent Insurance Agency located in St. Petersburg, FL and offering Homeowners Insurance, Auto Insurance, Personal Insurance and Business Insurance. Our reach extends beyond the Tampa Bay area to the entire state of Florida. Moore Resources has regionally been dedicated to serving the local residents of Pinellas, Hillsborough, Polk, Pasco, Manatee and Sarasota counties; including St. Pete, Tampa, Clearwater, Bradenton, Brandon, Dunedin, Gulfport, Lakeland, Largo, Lutz, Palm Harbor, Pinellas Park, Riverview, Ruskin, Seffner, Seminole, Temple Terrace, Tierra Verde, Town n Country, and the Gulf Coast Beaches.

The purpose of this blog is to present general information only. It does not interpret specific policies or coverage. To obtain detailed information regarding your insurance, contact a licensed insurance agent.