Do I Need Sewer And Drain Coverage

Every homeowner has a potential risk of having to replace sewer lines and the cost to replace these lines and cover any damage caused by water backup can be very expensive.

Do i need sewer and drain coverage.

So it can be helpful to think of sewer damage backup coverage as a specific type of property insurance. Basic sewer line coverage with american water resources is priced at 9 per month. Insurance coverage for sewer related problems has to be purchased either as a separate policy or as a special addition to your homeowner s policy. You will have to weigh the pros and cons and decide if sewer line protection is right for you.

Coverage is very affordable with additional service line coverage costing just 20 annually. The average cost of water backup and sewer coverage is 50 to 250 annually depending on your risk exposure and the limits you select. Coverage limits are 10 000 per occurrence including sewer line repair refill and reseeding as well as. Sewer drain backup.

I have been in the commercial insurance industry working as a risk management safety. Sewer and backup coverage is a must for most homeowners. Considering the high costs related to these types of repairs it s a smart choice to add this coverage to your policy. Different limits are available to match people s different needs.

For homes that have been severely damaged and are uninhabitable homeowners policies may provide loss of use coverage which provides reimbursement for lodging food and other living expenses you may incur as a result of having to live outside of your home. You want to make sure that the plan you get doesn t only cover the cost of the sewer system but also anything that was destroyed by the sewage. A sewer or drain a sump sump pump or related equipment even if the overflow or discharge occurred because of mechanical issues. Do you need water sewer and power line insurance.

In some states such as north carolina you choose an available coverage limit 5 000 10 000 15 000 or 25 000 and pay accordingly. First it s important to consider how much coverage you ll need. A standard water or sewer backup coverage endorsement reimburses you for water damage to the structure of your home or personal property if it s discharged or overflows from the following. For example think about what s in your basement it s an area that s more likely to flood during a water backup.

Most policies don t automatically cover sewage and drain backups which can cause expensive damage if water and sewage backs up into your house. The amount of coverage varies by state. After you ve paid the deductible you ll be covered up to the policy limit.