Does renters insurance cover water damage?

It covers certain types of water damage, like from burst pipes, but excludes flooding unless you have added flood coverage.

Renters insurance typically covers sudden and accidental water damage, such as a burst pipe. However, it usually does not cover flood damage unless you purchase additional flood insurance.

If your downstairs neighbor experiences water damage from a burst pipe in your unit, renters insurance can help cover their repair costs.

Ask your insurer about coverage for water damage, as policies may vary. Consider adding flood insurance if needed.