Does homeowners insurance cover a leaking pipe? Your homeowners insurance policy should cover any sudden and unexpected water damage due to a plumbing malfunction or broken pipe. However, most home insurance policies exclude damage to your home that occurred gradually, such as a slow, constant leak, as well as damage due to regional flooding. Plumbers Insurance |Exterior Plumbing Insurance |Interior Plumbing Insurance |Plumbing Liability Insurance - visit https://generalliabilityinsure.com/small-business/plumbing-insurance.html