EVENTS
Escape of liquid
COVERED
Extremely unwelcome and not to mention frustrating, the escape of liquid has the potential to cause significant damage to your home and contents. Thankfully, AAMI Home Building and Home Contents Insurance can cover loss or damage caused by certain instances of liquid escaping.
What’s covered
We cover sudden and unexpected loss or damage to your building or contents caused by liquid escaping from the specific things listed in the Product Disclosure Statement. This includes some appliances, certain fixed pipes, swimming pools, and waterbeds. You can see an in-depth list of what's covered in the Product Disclosure Statement.
We also cover loss or damage, caused by liquid escaping from the items listed in the Product Disclosure Statement, that has occurred gradually when the loss or damage, that was occurring, wasn’t easily visible to a reasonable person in the circumstances.
Even better, if you have AAMI Home Building Insurance and your claim for loss or damage caused by liquid escaping is covered, we will pay the reasonable cost of locating the source of the escaped liquid at the insured address. If there is any damage to the building caused by this exploration, then we will also cover the reasonable costs to repair and restore the damage caused by the exploratory work. There are exclusions to this, so check out the Product Disclosure Statement for more information and for what we pay for ‘Exploratory costs where liquid escaping isn’t covered under insured event ‘Escape of liquid’’.
What’s not covered
There are instances where you are not covered. For example, we don’t cover loss or damage caused by liquid escaping from a shower floor or base, or shower cubicle walls. We also don’t cover the cost of repairing or replacing the item from which the liquid has escaped.
So, for example, if damage to your floor caused by a leak from a dishwasher is covered by your policy, we will replace the damaged flooring, but we will not repair or replace your dishwasher.
You can find more information and a full list of exclusions in the Product Disclosure Statement.