We Got You Covered
Slab Leak Doctors has a long track record of helping our customers get the maximum amount of insurance coverage they are owned for their slab lead detection and repair. We even call your insurance company for you and deal with them directly so you don’t have to.
We provide customers with photos and video and of the issue.
Slab Leak Doctor isn’t just here to repair your leak, but make sure it’s done as painlessly and affordably as possible.
Homeowners insurance is a wise investment. Your home is one of your most valuable assets so safeguarding it with insurance makes a lot of sense.
However, you need to be aware of your policy’s limits. You may have assumed that an issue affecting your home will be covered by your insurance only to find out later that you’ll have to pay out of pocket to repair it.
Could that be the case if your slab foundation leaks? Find out by going through the rest of this article.
Will Your Homeowners Insurance Cover Your Slab Leak?
Several factors have to be considered before we can determine if your slab leak will be covered by your homeowners insurance. Let’s go over those crucial factors below.
The Types of Coverage Included in Your Homeowners Insurance
First off, you should read your policy to check what types of coverage are mentioned there. If you’re dealing with a slab leak, the types of coverage that will likely come into play are dwelling coverage and personal property coverage.
Dwelling coverage grants you protection if your home sustains structural damage. Since your slab foundation is part of your home’s physical structure, it should be covered by this type of coverage.
Note, too, that dwelling coverage usually pays for repair or replacement. That should come in handy if the concrete slab is already badly damaged.
Meanwhile, personal property coverage accounts for the damage done by the slab leak. With this type of coverage in effect, your insurer may pay to repair or replace certain items that your leaky foundation damaged. Pieces of furniture and some appliances are the items we’re talking about here.
It won’t give you money to repair the leak itself, but it should still help you cover your losses.
Check to see if your plan has dwelling and/or personal property coverage. If you do, then you may be able to secure a payout.
The Cause of a Slab Leak
The other major factor determining whether you will receive a payout from your homeowners insurance is the cause of the slab leak.
If you go through your homeowners insurance policy, you should find the covered hazards in there. Most of the time, the covered hazards for home insurance plans include fires, explosions, and burst pipes. Busted water heaters and fallen trees may also be listed as covered hazards.
You will probably receive a payout from your insurance provider if the slab leak was caused by one of the hazards mentioned above. That may not be the case if the leak can be attributed to wear and tear or the natural aging of the foundation. Even leaks caused by earthquakes and flooding are often not covered by standard home insurance plans.
Invest in leak protection so you can shield yourself from those uncovered hazards.
Hopefully, insurance will cover any slab leak you have to deal with. If you are dealing with a slab leak, work with professionals who have experience dealing with insurers so you can secure the highest payout possible.