2. AmEx isnât for everyone. All of their cards require excellent credit and they donât do balance transfer deals, making them less attractive to anyone who carries a balance. But if youâre after cash back and travel perks, consider one (or a couple, like I currently have). 1  Best for travel benefits.
3. Broken pipes. A standard homeowners insurance policy provides coverage for damage resulting from sudden breaks of pipes and leaks inside the home. But the water damage must be the result of a sudden break or leak. Water damage as a result of poor maintenance is considered neglect and isn't covered under a standard policy. Keep in mind, however, that breaks to outside water and sewer pipes are not covered.
Water can quickly damage a home structure. This type of damage may not be obvious until the roofer removes the shingles and inspects the decking underneath. Repairing water damage can be expensive and inflate your final cost. However, it shouldn't be overlooked because it can lead to a total roof replacement.