Will Homeowners Insurance Pay For Water Damage? 
It will , but it also depends upon where the water came from . If there is a heavy wind and rain storm and the wind damages your roof , causing rain water to leak in and damage the inside of your home , there will be coverage for that . If on the other hand , the heavy rain does not causedirect damage to your home , but raises the water table in your property , which causeswater to leak into your basement , it is possible that there would not be any coverage for that because ground waterdamage is usually excluded under a homeowners policy . Be sure to ask your insurance professional about coverge for failure of any sewars or drainage systems like curtain drains or sump pumps . If you have such coverage , then you will be more likely to be covered if your basement fills with water as a result of any failure . 