Purchasing a homeowner’s policy makes people feel safer in case there is something wrong with the house. One of the most common issues in the house is slab leaks. However, does homeowners insurance cover slab leaks? That is the biggest question since the issue barely occurs.
Repairing your house because of slab leaks might cost a lot of money. Thus, you need to buy materials and pay the laborers. Insurance companies also will see whether or not the slab leaks get covered. Here is more explanation about this issue and how to get insured.
Does Homeowners Insurance Cover Slab Leaks?
1. Understand the slab leak issue
Before wondering if the slab leaks case gets covered or otherwise, you have to understand what the slab leaks case is. it is a term to describe the condition of leakage beneath the slab or foundation in your house. Some houses have plumbing beneath them and are covered by concrete.
This issue usually occurs when the weather is quite extreme, either too hot or too cold. The plumbing beneath the house might be broken due to extreme weather. When the plumbing is transferring the water, the cracked part will leak the water to the slab and the floor.
This condition will be worse if the plumbing beneath the foundation has complicated forms and cracks here and there. Slab leaks will flood your house and it is dangerous along the plumbing lines. Since it is a huge risk, you have no choice but to fix the slab leaks as soon as possible.
2. Checking possible slab leaks in your house
Checking the slab leaks is also important because it can be proof that there is something wrong with the plumbing beneath the slab. There are some signs that you should consider as slab leaks. They are:
- There is much mold under the carpet and flooring. You have to check the flooring and your carpet regularly. Mold is a sign that it is a wet space to build up. It affects your health in general, especially if you use the carpet to sleep on.
- There is a hissing sound even though you are not transferring the water. It is a sign there is a leakage. The sound should be coming from beneath the foundation.
- The soil condition in your house is soggy, especially the soil near the foundation. There is something wrong with the plumbing system when it is a non-rainy day.
3. Call a professional to check
When you find out the signs are referring to the slab leak issue, you have to contact a professional to determine that it is a slab leak. Discuss with them how to fix it and how much the cost that you might spend on this issue.
4. Check the type of your homeowner insurance
To check if homeowners insurance cover slab leaks or not, you can contact your insurance company about the policy you purchase. It is important to claim the insurance since it will cost a lot. The type of insurance to cover this issue is insurance with dwelling coverage and personal property coverage.
What is dwelling coverage? It is the benefit that will cover the cost of repairing the structure in your house. The coverage will pay out the replacement of plumbing and removing the slabs. However, dwelling coverage will not be able to cover the cost of plumbing fixing.
Meanwhile, personal property coverage is the coverage that will cover the damage to your personal belongings because of slab leaks. The water may damage the home appliances because the damage costs a lot. After all, you have to replace them with new ones.
The Cost of Slab Leaks Fixing
The money you will spend to fix the slab leaks will depend on the case. The estimation can start from $2000. The larger the slab leaks, the more money you need. Some cracks may be everywhere and you have to replace the whole pipeline. Before that, you should remove the slabs too.
Some insurance companies may ask you to pay the deductible of the premium first before they pay out the claim. You have to make sure that it is a slab leak and have discussed it with a professional before submitting the claim.
Does homeowners insurance cover slab leaks that occur in your house? The answer depends on the insurance you purchased. If the insurance has dwelling coverage and personal property coverage, you will get the payout because of the issue.