how water damage legal liability insurance works
water damage legal liability insurance is a kind of liability insurance liability insurance is a type of coverage that protects an individual or business from the risk of being sued or held legally responsible that is liable for something liability insurance policies can cover both legal costs and any payouts for destruction damage or injury however inadvertent for which the insured is deemed responsible there are various situations when water damage legal liability insurance could help protect an individual from enormous costs for example let s say the owners of a second floor condo unit experienced a water heater explosion and the water leaked into the first floor water damage legal liability insurance would protect the owners of the second floor condo by providing the money to repair the damage to the first floor units without the insurance the second floor owners could be held responsible for paying for the repairs out of pocket homeowners policies and water damage legal liability insurancehomeowners insurance policies generally include water damage legal liability either as part of the personal liability coverage or in a separate rider if you have a mortgage loan your mortgage lender will likely require you to buy homeowners insurance but not mandate a separate policy for water damage liability generally the water damage must result from a sudden event or accident something unforeseen and inadvertent like a leaking air conditioner burst pipe malfunctioning washing machine or the aforementioned water heater rupture the liability extends to damage destruction or injury to others structures belongings or even persons however if the triggering event and ensuing water damage are caused by poor maintenance misconduct or deliberate carelessness the liability coverage might not apply or your insurance company might reject the claim 1be aware of policies that limit your coverage for water damage and liability some homeowners insurance policies have sublimits within the contract that impose a cap on claim payouts associated with water damage 2