Insurance Definition: WATER-DAMAGE INSURANCE COVERAGE
By Compuquotes Team on March 27th, 2008
WATER-DAMAGE INSURANCE COVERAGE:
Definition:
- Protection provided in most homeowners insurance policies against sudden and accidental water damage, from burst pipes for example. Does not cover damage from problems resulting from a lack of proper maintenance such as dripping air conditioners. Water damage from floods is covered under separate flood insurance policies issued by the federal government.
Information provided by Insurance Information Institute
