What You Should Know
- Assurant offers renters, phone, and flood insurance, all of which offer coverage for water damage
- Assurant covers most water damage in its renter's insurance policies, but you will have to pay a deductible
- Assurant phone insurance with T-Mobile covers most water damage instances
If you are looking to purchase renters insurance, you may be wondering, "does Assurant cover water damage?" The answer to this question depends on which insurance you're talking about and the nature of the water damage itself
The good news is that Assurant renters insurance does cover water damage in most cases. For home insurance, it will depend on the nature of the water damage and whether you have included flood insurance as a part of your policy.
And with Assurant's phone protection plan with T-Mobile, water damage to your device may be covered as well.
As you shop for insurance, be sure to get quotes from multiple companies at once, so you don't end up paying too much for coverage. You can get quotes from several rental insurance companies to see which options would work best for you.
And be sure to use our free quote tool above to find and compare rates for renters insurance in your area today.
What does Assurant renters insurance cover?
Depending on the nature of the water damage to your rental home, Assurant may cover the damage completely, though you will still have to meet your Assurant insurance deductible.
Assurant renter's insurance reviews state that Assurant offers the following with its renter's insurance coverage:
- Ice, snow, and sleet
- Pipe bursts
- Volcanic eruptions
Though water damage is not explicitly stated on this list, Assurant makes a claim on its website that the company offers coverage for water damage that results in mold, fungi, and dry rot.
Additionally, the company includes flood coverage in select states as a part of its renter's insurance coverage.
Assurant will allow renters to add specialty coverage options to their policies. One of the specialty options included is coverage for water and sewer backups. So if you add this to your policy, you would potentially be covered for any water damage to your rental home.
Does Assurant renters insurance cover storage units?
The only way Assurant insurance will cover items you have in storage units is if you have purchased coverage for that unit. The exception to this would be if the storage unit is on your rental property and considered a part of your rental home.
If you have items in storage in a location that is not the same as where you live, you should purchase additional rental coverage to make sure all of those items are insured and covered if something bad happens.
Coverage costs for a storage unit with Assurant vary based on the size of the unit and the coverage amounts you wish to purchase. Most renters insurance for storage units can cost anywhere from six dollars to $24 per month.
Does Assurant cover water damage with home insurance?
In order to have water damage covered with Assurant for your personal home, you will need to have a flood insurance policy, and the water damage will need to be a direct result of flooding on your property.
Assurant flood insurance covers virtually any damage that is the direct result of flooding on your property. This coverage includes, but is not limited to:
- Your home and its foundation
- Electrical systems
- Plumbing systems
- HVAC equipment
- Kitchen appliances
- Carpeting and flooring
- Bookcases and cabinets
- Windows and blinds
- Detached garages
If you have a flood insurance policy with Assurant and any of the items listed above have water damage as the direct result of a flood, you will get coverage for those items once you've paid your flood insurance deductible.
What does Assurant phone insurance cover?
Assurant offers phone insurance coverage through its affiliation with T-Mobile. If you're wondering, "does T-Mobile Assurant cover water damage" the answer is yes.
T-Mobile Assurant phone insurance does cover water damage to your phone. The T-Mobile website explicitly states that it covers a phone if you accidentally drop it in water. That's great news for anyone who has a bad habit of dropping their phone at inopportune moments.
Along with protection for water damage, Assurant phone insurance with T-Mobile covers:
- Hardware service issues
- Mechanical breakdowns
- Accidental damage
If you currently have a phone with T-Mobile and are interested in adding Assurant phone insurance to your monthly plan, call a T-Mobile representative to learn more,
Before you switch to T-Mobile for coverage, you should shop around to see if other phone companies offer similar or better deals on insurance coverage for your devices.
Should I buy Assurant insurance for water damage?
You will need to shop around online and compare quotes from multiple companies before you decide whether Assurant insurance products work best for you.
Do your research and compare monthly rates for insurance coverage from several different companies before committing to anything. This will help you make sure you never overpay for coverage, and you end up getting what you need.
In fact, you can use our free quote tool below to find and compare renters, home, and phone insurance rates with top companies in your area today.