Home insurance important for protection against water damage

posted by Michael Hanson

When it comes to protecting one of the most important investments a person will make, people should make sure they properly protect their homes against water damage.

A recent article from the Insurance Information Institute notes that claims involving water damage made up 22 percent of all home insurance claims in 2007, with the average cost per claim being $5,531.

"Even a small amount of water can cause serious damage to your home," Jeanne Salvatore, consumer spokeswoman for the I.I.I, said. "That is why it's important to have the right type and amount of insurance, including flood insurance."

Home insurance covers most claims involving water damage, including burst pipes and damage from rainfall. However, damage that resulted from a flood is not covered, and separate flood protection has to be purchased by the homeowner in order to be safe.

Maintenance is also important when it comes to protecting a home against water damage. The Institute for Business & Home Safety noted that homeowners should check for leaks in pipes and should make sure to windows are properly sealed.