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A leak that began on June 4, 2010 from a damaged pipe in Central Michigan University’s Brooks Hall will cost the educational institution $975,000 to repair.

Flooding, extending from the Midwestern states to the east coast of the U.S., has caused unforeseen devastation and cleanup costs. States affected by floodwaters include Iowa, Delaware, Virginia, Kentucky, Maryland, Wisconsin, Illinois, Indiana and more.

One of the greatest sources of pride in a person’s life is home ownership. To help protect this lifestyle, individuals purchase homeowners insurance so they have assistance in the event of a disaster. Homeowner’s policies cover damage due to events such as fires, theft, strong winds, lightening strikes and so on, but there are common events that are not covered.

Are your pipes are ready for winter weather? No matter the type of building, a burst pipe can prove to be costly and devastating. Take, for example, Washington Elementary, which experienced a burst pipe that damaged property such as library books and carpets. Luckily, school staff was in the building shortly after the pipe burst, so the damage was not as bad as it could have been.

Mountain View Elementary School in Colorado’s Windsor School District experienced over $100,000 in water damage over the Thanksgiving holiday. The disaster caused the school to close its doors for three days to make sure the facility was safe for students before it re-opened its doors.