Does Condo Insurance Cover Plumbing Leaks

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Does condo insurance cover plumbing leaks. Condo insurance doesnt cover. Homeowners insurance may cover you for water damage caused by failed plumbing but it doesnt cover flood damage caused by excess rainfall. Coverage For Your Condo Your Car Your Valuables and More.

While both parties the. In most cases accidental water damage from the unit above yours is covered by your homeowners insurance on your condo and belongings. Condo insurance covers sudden accidental damage to your property but does not include water damage due to long term causes such as slow leaks.

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But if that pipe didnt burst but slowly leaked for several weeks and was hidden from view your policy wont cover you because this is considered a maintenance issue rather than an accidental loss unless you have Hidden Water coverage. Ad Get A Quote in Minutes160 Years of Service. If you have condo insurance however youll find that youre generally protected against water damage that is caused by your plumbing your water heater or appliances or from your heating or air conditioning systems.

Your homeowners insurance policy should cover any sudden and unexpected water damage due to a plumbing malfunction or broken pipe. With aging homes including old plumbing and harmful materials and artistry becoming the norm for new construction and renovation in Florida ideally youve verified with your insurance. Condo Owners face some unique challenges because of the fact that they often share walls and some plumbing lines.

The only way to really know whats covered is to ask for and review a copy of your condo associations master insurance policy and any condominium documents such as your associations declarations and bylaws ideally before a problem occurs so you can. You may find though that your insurance will likely cover. Your home insurance does cover damage from pipes that burst suddenly and accidentally including the resulting water damage.