What is a Water Damage Clause?

2/12/2021 (Permalink)

Awater damage clause is the section of an insurance contract that details whether and how much the insurer will pay the insured for damage caused by water

Why does a water damage clause matter?

The water damage clause is among the most important provisions of an insurance policy. Accordingly, it is important to read your policy and understand the protection you do and don't have when it comes to water damage. You may want to consider purchasing extra coverage if a property is vulnerable to certain types of water damage -- especially flooding.

https://investinganswers.com/dictionary/w/water-damage-clause

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