When it comes to your insurance, not all water damage is the same.
If there's a storm and your "roof comes off and water comes through, that would be covered under your homeowners policy," Hackett says. "Versus a flood situation where the riverbank overflows and you look out of the front of your house and you need a boat to get from point A to point B."
And most consumers "have a pretty good understanding" of how to draw the line between storm damage and flood damage, says Hackett.
Some homeowners policies offer an optional "water-backup endorsement" that covers damage from water backing up into your home from causes such as a broken sump pump, he says.