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No, a standard home insurance policy will not cover basement flooding due to heavy rainfall. For coverage, you would need to purchase a separate flood insurance endorsement or policy. Show comments
Probably not. That's because in Los Angeles County, home to nearly 10 million people, there are just 14,580 flood insurance policies on the books.
Another benefit is that DIC policies usually offer comprehensive coverage for floods, landslides, mudflows, and earthquakes — typically, owners would need to purchase separate flood and ...
Flood insurance is the specific insurance coverage issued against property loss from flooding. To determine risk factors for specific properties, insurers will often refer to topographical maps that denote lowlands , floodplains and other areas that are susceptible to flooding.
An insurance policy may or may not cover the costs associated with water damage and the process of water damage restoration. While a common cause of residential water damage is often the failure of a sump pump, many homeowner's insurance policies do not cover the associated costs without an addendum which adds to the monthly premium of the policy.
The insurance adjuster informed them that the 3.5-inch step down into their sunken living room classifies it as a “basement” under their policy — meaning it isn’t eligible for flood coverage.
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