Like most homeowners you may assume all damages to your property are covered by your insurance company, unless specifically excluded. The question is… does your policy really cover water damage? This is just one policy endorsement we ran into recently you may want to read.

Water Damage Exclusion Endorsement Form ASI

We have recently discovered that some Ark Royal Insurance Company Policies and American Strategic Insurance Company policies specifically exclude ALL water damage if a home is more than 30 years old and can limit payments to $10,000.00 on newer homes. You need to be aware if you have a water damage exclusion or water damage limitation endorsement on your policy. This can greatly reduce the amount of your recovery or eliminate the possibility of getting the needed funds all together. Call us today for a free analysis to review your policy and see if you have the coverage you need when you need it.