Will My Homeowners Insurance Cover broken drain lines?
Your homeowners insurance is meant to be a safety guarantee against the possibility of damage to your home. Depending on where you live, the requirements and restrictions on what your homeowners insurance does and does not have to cover will change. Also, most homeowners insurance policies do not cover what insurers refer to as "Acts of God," such as a meteor striking your property. Thankfully, the odds of a celestial object surviving re-entry into the atmosphere and striking a private residence are so incredibly small as to be impossible.
For example, homeowners insurance in the state of Florida will not cover flood damage, including flooding caused by hurricanes. So, in order to be protected from flood damage, Florida homeowners need to purchase extra insurance from other sources, such as the National Flood Insurance Program (NFIP).
What about other forms of water damage, such as from a burst pipe? Will homeowners insurance cover the damaged or broken pipe itself?