Like all such problems it could be anywhere in the wiring of the affected circuits, obviously a short to earth. Water alone usually does not have sufficient conductivity to blow the fuse, but you have already ruled that out anyway.
You could start by checking the wires near to the indicator switch for chafing or abrasion. Dies it blow immmediately, or only when you indicate? If only when you indicate, check at the bunch of bullet connectors, front and rear. And, on your model, what else is on that fuse? Brake lights, for example? It is not uncommon to have chafed wiring at the pedal switch. And, the reverse lamp may be on that circuit, its switch is in a vulnerable position, and it is common to find that the wires have become displaced and melted on the exhaust pipe. If several circuits run off that fuse, which is not unusual, you can disconnect all the outgoing wires from the fusebox terminal, and put them back one at a time until it blows, then you have narrowed it down to one circuit.
Unfortunately I can't find my CD with the manuals and wiring diagrams right now, or I could be more specific.