Unfortunately, this is true. Flood damage from external sources (such as melting snow) is not covered in the standard home insurance policy. Some types of ‘flooding’ are covered, such as if water seeps in to your basement from the floors, then you can claim this. Also, in some instances when your water pipes burst causing damage to your basement, you can file a claim.
If you experience flooding from outside sources, like an overflowing nearby river or melting snow and ice, your home insurance policy would not cover this.
You may want to consider purchasing flood insurance to protect your home from melting snow, melting ice or overland water damage in general. To learn more about this type of insurance and to receive a free quote give us a call at 1888-768-8001 or get a quote online.
Learn more: www.csib.org/overland-water-protection
Cornerstone Insurance Brokers is a full line insurance brokerage with offices in Woodbridge (Vaughan), Aurora, Markham, and Barrie. Cornerstone provides car insurance, home insurance, motorcycle insurance, farm insurance, equine insurance, rural insurance, business insurance, life insurance, disability insurance, critical illness insurance and health insurance, as well as employee group benefits all over Ontario.