Most damages caused by a broken pipe, such as floor restoration and furniture replacement, are covered by your home insurance company. Accidental water damages are covered by your insurance company, but poor maintenance is. The insurance will cover the repairs of the damages caused by the broken pipe and labor to replace it, but will not cover the pipe itself.
Broken pipes, starting from the water meter, which is located within the house, are the direct responsibility of the homeowner. Pipes that leak from the meter pit to the street and beyond are the responsibility of the Service Authority. A homeowner’s standard insurance policy or flood insurance policy may cover the resulting water damage, depending on the cause of the faulty pipe.