Laminate flooring insurance
Laminate flooring insurance is a specific coverage within homeowners or renters insurance policies that protects against damage to laminate floors from covered perils such as fire, theft, and certain types of water damage. Most standard home insurance policies include laminate flooring under the dwelling or personal property coverage, with claim payouts based on actual cash value or replacement cost depending on policy terms.
Insurers like State Farm and Allstate typically exclude wear and tear, pet scratches, and gradual deterioration from laminate flooring claims. Policyholders must document installation costs and provide receipts for brands like Pergo or Mohawk to substantiate claims.
Flooding from external sources requires separate flood insurance through providers like the National Flood Insurance Program (NFIP), as standard policies do not cover this peril. Deductibles usually apply to laminate floor claims; for example, a $1,000 deductible means insurers only pay damages exceeding that amount.
Homeowners should update their policy after installing new laminate floors valued over $5,000 to ensure adequate coverage limits reflect increased property value. Insurers may deny claims if improper installation voids manufacturer warranties or contributes directly to the damage event, according to YourInsurance.info.
How much does insurance pay for laminate flooring?
Insurance companies typically do not cover the cost of laminate flooring. Homeowners will need to pay for any costs associated with replacing or installing new laminate flooring themselves. In some cases, an insurance company may provide reimbursement for damage that is covered under the policy, such as water damage caused by a broken pipe or…
See also Lamisil cost, and Land contract.