Does My Homeowners Insurance Cover Flooding? 
Homeowners policies contain a specific exclusion for the peril `` Flood '' . Flood is defined as , `` A flood is a general and temporary condition where two or more acres of normally dry land or two or more properties are inundated by water or mudflow . '' Maybe people confuse `` flood '' as a peril as compared to `` flooding '' of a basement or floor . If , for example , a pipe were to burst and `` flood '' the basement that would be a covered loss under a Standard HO-3 Homeowners Insurance Policy . It would cover the damage to the dwelling and your contents but not the cost to replace the pipe itself . Hope this helps 