Water damage and mold are two of the most frustrating issues homeowners can face. They often appear suddenly, and the cleanup can be costly and time-consuming. At L M Insurance & Financial Services LLC in Bronx, NY, we understand how important it is to know what your home insurance covers—and where it may fall short.

Covered: Sudden and Accidental Water Damage

Most standard home insurance policies cover water damage that occurs unexpectedly. For example, if a pipe bursts in the middle of the night or your dishwasher suddenly leaks and damages your kitchen floor, your policy likely has you covered. The key is that the damage must be sudden and accidental, not something that has been happening gradually over time.

If mold develops as a direct result of a covered water event and you act quickly, your insurer may also assist with mold remediation. However, every policy is different, so it’s important to review the fine print.

Not Covered: Gradual Damage and Flooding

Home insurance generally does not cover water damage caused by neglect. For instance, if you’ve had a small leak under your sink for months and never addressed it, the resulting mold or rot likely won’t be covered. Similarly, flooding from external sources—such as heavy rain or rising rivers—is not covered under standard home insurance. Flooding requires a separate flood insurance policy.

Prevention and Policy Awareness Matter

Addressing minor problems before they escalate can make all the difference. Routine maintenance and understanding your policy limits are key to avoiding unpleasant surprises.

If you’re unsure what your current plan includes or want to explore better protection, connect with L M Insurance & Financial Services LLC in Bronx, NY. We’ll help you stay protected—rain or shine.