Not enough information.
Did the pipe burst and flood your basement? Or did the pipe leak over time and finally reach a point where it needs to be replaced?
If the pipe suddenly burst, then the damage would be 'sudden and accidental' and pipe bursts are covered by your homeowners policy.
If the pipe was leaking over time and reached a critical point where it needs to be fixed, then no, it's not covered. It's frustrating because you cannot see the pipe, but it was deteriorating over time. No insurance anywhere covers maintenance and ongoing problems.
Sluzhe,
Nice grammer. I didn't know 'ur' is word. Guess you should have stayed in school past 2nd grade.
So do you have any numbers to back up your claims? Or did you just submit a bogus claim and got caught and now you just want to cry about the big evil insurance companies?
Why not give some examples about all their evil deeds.