Damage from leaking water pipes

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  • BenutzernameMoneyland User Questions
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  • Registriert seit1/27/17
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We had a major leak in our building which caused a lot of damage. Does household insurance cover the costs?

 
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  • BenutzernameMoneyguru von moneyland.ch
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Hi there,

Household insurance covers damages to personal property, including those caused by a leak. Damages to a building, on the other hand, are not covered by household insurance.

Damage to buildings can be covered by a separate water damage insurance. This will normally be taken out by the property's owners and covers damages from leaking pipes or appliances - which is not covered by most standard buildings insurance policies.

Best regards from Moneyguru

More on this topic:
Buildings insurance guide