Water damage within your home can result in substantial damage. When it comes to homeowners’ insurance coverage, water damage is a complex issue. Many homeowners do not fully understand what types of water damage are covered and what may be excluded. The following is a look at mold and water damage as it relates to homeowners’ insurance in Florida:
The Source of the Water Matters
When it comes to coverage, the source of the water is extremely important. Some types of water damage will be covered, while others are excluded and this distinction stems from the source of the water. A flood results from external water rising onto your land, often occurring during heavy rains, hurricanes, overflowing rivers, and the like. Damage caused by flooding is generally not covered under a standard homeowners’ insurance policy. Rather, flood damage will require a separate flood policy.
On the other hand, water damage stemming from water hitting your home before it touches the outside ground, will usually be covered under your Florida homeowners’ insurance policy. This includes roof leaks, burst pipes, and the like. It is important that you consult with a homeowners’ insurance attorney whenever your claim involves water damage because the distinction between a flood and water damage is quite fine and can result in denial, when your claim should rightfully be honored.
The Source of the Mold Damage Also Matters
Mold is one of the most serious harms to result from water damage. Mold is potentially dangerous to your health and can destroy a home by rotting wood, discoloring the walls and ceiling, and causing an awful odor. As with water damage, the source of the mold will be a determining factor in whether it will be covered. Mold damage caused by a flood will likely be excluded, just like flood water damage. Mold caused by long term neglect of the home, such as an ongoing water leak that is not corrected in a timely manner, will also likely be rejected. On the other hand, mold caused by a burst pipe, leaky roof, or other covered water damage will generally be covered.
If you have experienced mold damage, notify your insurance company as soon as possible. Take steps to prevent the occurrence of mold by cleaning up any water spills as soon as possible. Be sure that all leaks are repaired in a timely manner and be on the lookout for mold if you know your home has experienced water damage.