Photo by Mukesh Sharma on Unsplash When the topic of water damage to Florida homes arises, it’s generally perceived to be caused by rising tides. In all actuality, water damage losses from in-home plumbing and appliances are rapidly increasing and may cause extensive damage to your home and personal belongings. Insurance companies throughout Florida have…
IS WATER DAMAGE COVERAGE STILL INCLUDED ON YOUR HOMEOWNERS INSURANCE?
Damage to homes from water leaking or busting pipes is one of the most common types of insurance claims, which speaks volumes as to why it is important to make sure your policy contains proper coverage for this type of incident. Many homeowners’ carriers are now limiting water damage coverage or entirely removing it from their policies when the age of the insured home reaches 40 years. This method of reducing coverage often catches policyholders off guard.