by pmongech » Wed May 05, 2010 06:23 pm
We just found out a tiny leak in the kitchen cabinet; however it is being there some time because the floor of the cabinet in the back collapse; it turned out to be a tiny leak in the faucet (not pipes) but it has hidden in the back of the cabinet so no one could see it, there is a little bit of mold built up but is hard to detect when it started; will the insurance cover it?
The plumber that change the faucet explain that the damage probably more than just the kitchen cabinet but the only one to find it out is by removing it and checking the if there is any damage in the floor.
The plumber that change the faucet explain that the damage probably more than just the kitchen cabinet but the only one to find it out is by removing it and checking the if there is any damage in the floor.
Posted: Wed May 05, 2010 06:39 pm Post Subject:
This will be considered a long term leak and not covered. You can always submit the claim and see what happens.
Posted: Wed May 05, 2010 07:15 pm Post Subject:
PLEASE dont just submit a claim. a claim shows on your insurance history and counts against you whether you get paid or not. a couple major companies are now non-renewing tenured customers for exceeding a certain amount of claims if they are within a few years time. other companies aren't taking new customers if you have a claim hit within a certain period of time. Property losses in the recent years have really affected underwriting guidlines and they are tightening up...you dont want a senseless claim hit.
call your agent and ask. he knows the policy and should be able to tell you if it's a covered loss. if not, he can make a phone call. only if its in your best interest do you need to submit a claim.
to answer your question, i agree w/ dasfuk, it's not likely to be covered. most home owners specify "sudden and accidental" losses are covered. if its an exposure or something that develops over an extended period of time is usually not covered (long term leak). the idea is that you should have mitgated the damages (i know, i know, you couldnt see it, but it's common). there has to be a control, and it is what it is.
i have seen where the company will pay a portion, ie cover the initial damage of the sudden leak and minor water damage, but not pay for the extended damage...(mold, rot, etc) as these things take some time to develop. typically after you subtract the deductible and the extended damage, you dont come out w/ much and you find out there wasnt much point in filing it.
again, talk to you your agent and discuss. he may can share some additional ideas. hope this helps a little.
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