The numbers are against you: the average amount of damage to homes from water damage is about $5,000.

Damage to expensive hardwood floors can run in the tens of thousands of dollars. Damage to walls and ceilings can run into the thousands of dollars. Damage to “hidden” areas behind walls such as insulation and drywall can run in the tens of thousands of dollars and promote the growth of mold and mildew, which can have dangerous health consequences for you and your family.