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Similarly, damage caused by ice dams along your roof is frequently covered by standard insurance. But if your roof has existing weaknesses and moisture from snow or ice seeps in, your policy may ...
For example, an insurance company is not likely to cover a 40-year-old roof on a replacement cost basis, since the roof is probably in poor condition and may be more susceptible to damage. Pros ...
Long-term leaks: Insurance typically provides coverage for pipes that burst, but it doesn’t usually cover leaky pipes — especially if the damage occurred over an extended period. If the pipe ...
A number of insurance companies offer policyholders reduced rates for installing a whole-house leak protection system. As far as insurance coverage is concerned, damage caused by surface water intrusion to the dwelling is considered flood damage and is normally excluded from coverage under traditional homeowners' insurance.
Home insurance in the United States may differ from other countries; for example, in Britain, subsidence and subsequent foundation failure is usually covered under an insurance policy. [7] United States insurance companies used to offer foundation insurance, which was reduced to coverage for damage due to leaks, and finally eliminated ...
Extended coverage added insurance against loss by the perils of windstorm, hail, explosion, civil commotion, riot and riot attending a strike, aircraft damage, vehicle damage, and smoke damage. [ 1 ] The endorsement has been largely supplanted by what is referred to as "basic" causes-of-loss form first introduced by Insurance Services Office in ...
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