What Does Home Insurance Cover For Water Damage? 
It may , but it is best to talk to your Insurance Professional about the specific terms and conditions of your policy . There may be limitations or exclusions that limit or offer no coverage at all . For example , water damage caused by a flood is never covered under a Homeowners ' policy . That coverage is only available through a Flood Insurance policy . On the other hand , water damage caused by a burst or leaking pipe or valve will more than likely be covered subject to your property deductible . 