Does homeowners insurance cover water damage from flooding?
Direct answer No, standard homeowners insurance policies explicitly exclude damage caused by external flooding from natural bodies of water or surface water runoff. You would need a separate policy from the National Flood Insurance Program (NFIP) or a private flood insurer to be covered for these events. Standard property insurance policy exclusions regarding water damage […]
Does homeowners insurance cover water damage from a burst pipe?
Direct answer Yes, standard homeowners insurance policies typically cover water damage caused by sudden and accidental burst pipes. However, it generally does not cover damage resulting from lack of maintenance or long-term neglect, such as a pipe that has been leaking slowly for weeks. Standard HO-3 policy language regarding sudden and accidental discharge of water. […]
Does my homeowners insurance cover flood damage from heavy rain?
Direct answer No, standard homeowners insurance policies almost universally exclude damage caused by external flooding from heavy rain, surface water, or rising bodies of water, which requires a separate flood insurance policy. National Flood Insurance Program (NFIP) guidelines and standard industry property exclusion clauses. For additional information about policy coverage, see the Federal Emergency Management […]
Does homeowners insurance cover water damage from a burst pipe?
Direct answer Yes, standard homeowners insurance typically covers water damage from a burst pipe, provided the incident was sudden and accidental rather than the result of long-term neglect or lack of maintenance. Standard homeowners insurance policy language regarding ‘sudden and accidental’ peril coverage. For additional information about the types of perils typically covered by standard […]
Can I appeal a long-term care insurance claim denial?
Direct answer Yes, you can appeal a denial based on medical necessity by providing additional clinical documentation from your physician that specifically addresses the insurer’s criteria for cognitive or physical impairment. National Association of Insurance Commissioners (NAIC) model regulations for long-term care benefit appeals. For additional information about regulatory standards for long-term care insurance, see […]