What type of flood damage am I covered for?
With AAMI Home and Contents Insurance, you’re covered for loss or damage caused by flood (unless you have removed flood cover from your policy).
The definition of flood is 'the covering of normally dry land by water that has escaped or been released from the normal confines of any lake, river, creek or other natural watercourse, whether or not altered or modified; or any reservoir, canal or dam.'
Other insured events include storm, cyclone, tsunamis and escape of liquid.
Water damage caused by escape of liquid
This could be damage caused by liquid leaking, overflowing or bursting from things like refrigerators, freezers, dishwashers, drains or fixed pipes.
Luckily, AAMI Home and Content Insurance covers escape of liquid.
AAMI won't cover an escape of liquid claim if the damage has occurred due to a gradual process of liquid leaking.
More detailed information is available in your Product Disclosure Statement.