First, you need to turn off your water and electricity supply at the main shutoff. If you feel that you are not safe inside the structure, leave and look for a safer place.
If you plan to stay home, the next thing you will need to do is evacuate the water (if possible) and prevent more from entering your home. The less time water can sit, the better chance you will have for less damage to your floors, walls, cabinets, furniture, and other belongings.
Next, locate a dependable water damage restoration company and contact them. They are responsible for preventing the further spread of the damage that sitting water can cause (like mold, floor warping, or softened drywall). They will assess the damage and make an action plan.
In the event that significant damage was incurred, you may be eligible to file a claim with your insurance company and pay significantly less out of pocket for repairs and remediation processes.
The cost of the damage control and restoration will depend on the extent of the damage and work needed to be completed as well as your insurance coverage. Since there is a difference between each situation, there is no exact or fixed cost, but an on-site evaluation can provide a more realistic estimate.
With standard homeowners’ insurance, flooding is typically not covered except in few cases such as flooding caused by a burst pipe and not water intrusion after a big storm. It is advisable to purchase a separate insurance plan intended for flooding even if you do have homeowner’s insurance that covers the water damaged resulted from leakage or pipe burst. Often, you are able to gain better coverage options and limits with a flood insurance coverage plan.