Is a Burst Pipe Covered by Insurance?
Help! A Pipe Burst in My Home!
If you've ever been the victim of a burst pipe, you know how devastating it can be. Not only is the damage expensive to repair, but also it can ruin your home's interior and lower its value as well as raise your insurance premiums. Sometimes water damage isn't covered by insurance at all! If you've found yourself in this situation or are worried about having pipes burst in the future, read on for answers to common questions regarding burst pipes and water damage.
Is a burst pipe covered by insurance?
If you have comprehensive insurance, a burst pipe may be covered by that. If you have a separate pipe insurance policy, it may be covered under that as well. Your homeowner's insurance policy could also cover the damage if you have one. If none of these are true for your situation then, unfortunately, the damage is likely not going to be covered by any type of insurance policy. In this case, it will fall on you to pay out of pocket for repairs or replacements when necessary.
Why do pipes burst?
The most common reason that a pipe burst is because it's old and worn. As pipes get older, they can become brittle and develop cracks that allow water to leak out of the system. Poor maintenance also causes leaks. Leaks caused by poor maintenance are often easily spotted, as they tend to be near where the pipe was installed or joined together. The only way to know for sure if your pipes are in good shape is to have them inspected regularly by a professional plumber.
A burst pipe can also be caused by external forces such as freezing temperatures or high pressure from nearby equipment like an irrigation pump or sprinkler system. Pipes made from copper often burst due to corrosion over time as well (corrosion is when minerals build up on your pipes). You may want to consider putting new plastic piping in areas prone to freezing temperatures if you live somewhere cold enough for them.
What do I do when a pipe in my home or business bursts?
If your pipe bursts, turn off the water. If you can't shut off the flow of water, try to contain it—this will help minimize damage to your home or other property. You should also call a professional plumber as soon as possible. In addition to being a plumber, you should call your insurance agent and SERVPRO of Northwest Vegas.
How much does it cost to fix a broken pipe?
The cost of repairing a broken pipe depends on many factors, including the size, location, and type of pipe. If the pipe is underground, it will be more expensive to repair than if it's above ground. The average cost of fixing a broken pipe is between $1,500 and $2,000. However, this figure can vary greatly depending on where you live and what kind of damage has been done to your home or business by the breakage.
We hope this article has given you a better understanding of how to handle the problem of a burst pipe. If you’ve been affected by water damage and are wondering if it’s covered by insurance, we encourage you to contact us today so we can help answer your questions and get started on making your Vegas, NV home safe again!