Homeowners insurance typically covers water damage caused by sudden and accidental events, such as a burst pipe or a faulty appliance. It may also cover water damage that is the result of external events, such as a flood or heavy rain.
However, homeowners insurance typically does not cover water damage that is the result of gradual deterioration or wear and tear. For example, if a pipe slowly develops a leak over time and eventually causes damage to the home, the insurance company may not cover the cost of the repair.
It is important for homeowners to carefully review their insurance policy to understand what is and is not covered when it comes to water damage. It is also a good idea to take steps to prevent water damage by regularly maintaining appliances and plumbing, fixing any leaks as soon as they are discovered, and taking precautions to protect the home from external sources of water.