Hello how may I help you? Are you able to assist me with my insurance policy? Yes. Great. I need to know if my current policy covers water damage. Your policy does not cover water damage. Gotcha. Is there a way to add it to my current policy? You can add it just email the insurance company. Would you happen to know how much the rate may increase? It may increase to 10% or 5% Is that depending on the home or the policy? Policy.