Are you a new homeowner in need of plumbing services and are unfamiliar with your homeowners insurance? Or are you going over insurance plans for the first time in a while with a new insurer? Many people wonder what, if anything, is covered under homeowners insurance in regards to plumbing.
Depending on your insurer and what sort of damage has occured, answers to this question may vary. If your insurer will not cover smaller services provided by a plumber, a home warranty may be a viable supplemental option if plumbing coverage is important to you.
Homeowners Insurance Coverage
Put simply, homeowner’s insurance will cover damage that is sudden and accidental. There are many limitations to what different insurers will cover, and depending on your deductible and the overall price of the plumbing service needed, it may just behoove you to pay out of pocket for it.
Homeowners insurance will typically cover damage and repair due to access of a leaky pipe and damages to the home that occurred during the leak, but they will not typically cover the cost of the repair you pay your plumber.
Another example would be a burst pipe situation. If a pipe bursts due to unexpected cold conditions (meaning you were heating your home, following all precautions you should to prevent such a burst), the insurer will usually cover this type of plumbing cost, including any water damage that occurred due to the pipe breaking.
Water heaters are another big expense that people wonder if it is covered, and sadly it usually isn’t unless the water heater was destroyed or damaged due to some disaster that is covered by your insurance plan, like a fire. Remember most water heater plumbers in the Holiday, FL recommend replacing your water heater every 10-15 years, so plan accordingly with your finances.
Home Warranty Coverage
If a fuller coverage to insure your home interests you, and it makes financial sense for you, a home warranty can be an excellent supplement to homeowners insurance.
Typically, home warranties will cover a lot of normal wear and tear, like a 10 year old faucet or other leaky fixtures. Warranties will also typically cover the cost to make repairs, so instead of paying your plumber directly as usual, you will pay a flat service charge per your warranty package. However, warranties will not cover something that you broke while trying to repair it, so it is always advised to call your plumber and leave it to the experts to handle.
Most home warranty companies have a full list of what they cover available on their websites for potential clients to view so that you may have an idea if it would be a good fit for your needs.
If your needs include a water heater plumber or any other plumbing services in the Holiday, Florida area, give us a call today, we’d love to help you out!