From a leaky roof to a burst pipe to a flooded basement, water damage can cause serious problems in your home. The Insurance Information Institute estimates that one out of every 50 insured homes has a claim related to water damage or ice damage each year, with the average claim costing more than $10,000. Proactive maintenance can help reduce the risk of water damage to your home.
Your homeowner's policy may protect your home's interior from certain types of water damage, such as damage from a burst pipe. Talk to an independent insurance agent to learn what coverage options are available.