$42,500 Broken Pipe Settlement
A homeowner received $2,500 their deductible for a broken pipe under their kitchen sink.
This claim was referred to us by someone who sells homeowners insurance. We tried to settle with the insurance company but were unable to reach a fair settlement for our client.
RESULTS:
$42,500 Broken Pipe Settlement
At mediation, we settled the claim for $42,500 in new money. This
was 100% of our original estimate.
January 2020
Does insurance cover broken pipes?
Damage from broken pipes is usually covered by homeowner’s insurance if it occurs suddenly and unexpectedly. Water damage that develops over time as a result of a leaking or rusted pipe, on the other hand, is usually not covered.
Can I claim for a broken pipe?
To approve your insurance claim, your insurer will need to examine the amount of the damage caused by the burst pipe. This can involve water-damaged furniture and belongings, as well as pipe, wall, and floor damage.
