2. AmEx isnât for everyone. All of their cards require excellent credit and they donât do balance transfer deals, making them less attractive to anyone who carries a balance. But if youâre after cash back and travel perks, consider one (or a couple, like I currently have). 1  Best for travel benefits.
3. Broken pipes. A standard homeowners insurance policy provides coverage for damage resulting from sudden breaks of pipes and leaks inside the home. But the water damage must be the result of a sudden break or leak. Water damage as a result of poor maintenance is considered neglect and isn't covered under a standard policy. Keep in mind, however, that breaks to outside water and sewer pipes are not covered.
If you have water damage or mold contamination due to a roof leak there is a good chance that your Association is responsible for this as they have a non-delegable duty to maintain the common elements.Donât let your Association put the blame on someone else like the roofing company.he water came from 3rd floor supply line pipe inside the wall and the water hit the 2nd floor and my unit. I spoke with manger of the complex and she told me to call my insurance co. because the pipes are the .responsiblty of the home owners, is this true? I have about $2500.00 in damages with a $500.00 deductible.