Do you know
Many Florida homeowners are shocked to find a $10,000 cap on water damage claims in their policies. While your home may be insured for hundreds of thousands, a burst pipe or AC leak might only be covered up to this small sublimit.
The Quick Breakdown:
- The Limit: $10,000 usually must cover everything—drying, demolition, and repairs.
- The Culprits: Sudden leaks from plumbing, appliances, or AC units (non-weather related).
- The Fine Print: This cap is standard with Citizens Property Insurance and many private carriers to keep premiums down.
- The Solution: You can often “buy back” higher limits or waive the cap by using an insurer’s Managed Repair Program.
Pro-Tip: Check your “Declarations Page” for Limited Water Damage coverage today—before a leak happens!
