Water Damage Is a Concern for Homeowners

For many people across the country, the last several months will be most remembered not for all of the backyard barbecues and fun in the sun, but for the abundance of rain that has fallen. In the Northeast region of the United States, for example, nearly the entire month of June was shrouded in cloud cover and rain-producing storms.

Unusual weather, be it excessive rain, hurricanes or tornadoes, can leave unsuspecting homeowners with problems they never imagined. All it takes is a storm to cause a host of conditions that can put homes in jeopardy.

Water damage is something that costs homeowners thousands of dollars. Nearly 40 percent of all homeowners have reported to the Chubb Corporation in a survey a few years ago that they have experienced losses due to water damage. However, insurance plans may not cover all types of water damage, so it pays to be informed.

Flood Damage vs. Water Damage

How do you know if damage from the rising river in the yard or the rainwater that infiltrated your attic is covered by insurance? It may come down to the verbiage of insurance policies.

Typical homeowners insurance policies will cover damage by water that occurred before said water comes in contact with the ground. For example, a heavy thunderstorm that leaked through a faulty window and damaged walls and flooring would likely be covered by a homeowners policy.

On the flip side, flood insurance would be needed for any water damage that occurred from rising water -- or water that was already on the ground at some point before damaging your home. Therefore, if a river or even an area storm drain overflowed and your home was in the wake, it will probably be considered flood damage.

A standard flood insurance policy is written by the National Flood Insurance Program and provides coverage up to the policy limit for damage caused by flood. Homeowners who suspect they are in flood-prone areas or simply want extra coverage for "just-in-case" moments should think about purchasing flood insurance.

Preventing Water Damage

Water damage accounts for 25 percent of all insurance claims. Water seepage into a home can cause a host of problems, including structural damage, mold, mildew, and the creation of an environment conducive to certain insects or other pests.

A wise homeowner will inspect his or her property regularly for signs of water damage and take precautions to prevent certain problems.

• Homeowners with basement windows may want to consider window coverings that divert rainwater. After heavy rains, many homes have the problem of excess water in the basement from leakage through basement window wells. Having a basement window cover creates a physical barrier so that rainwater does not leak into the home.
• Regularly clean out gutters and downspouts so that rainwater can drain out and away from the home. A faulty gutter system can cause rain to flow down the foundation of your home and leak inside.
• Check to see if there are any areas on the property of pooling water. This could indicate a drainage issue and the grading of the property may need to be changed. Keep in mind that recent construction in the area or removal of trees/shrubs may cause rainwater diversion and also change the way your property handles water

  * Inspect the roof, windows and door surrounds for water entry points. Sealing potential infiltration points can prevent water damage. All it takes is a few drops of water on a regular basis to eat away at your home investment.

  * Use your nose. Even if you can't see water damage you may be able to smell it. Musty basements could be a telltale sign of water trouble. The installation of a drain and sump pump system often remedies basement water problems, primarily in areas with a high water table.

  You can also consult with a building inspector for a professional assessment of water issues and recommendations.