Do you need a sewer line endorsement?
Friday, October 12, 2018
Did you know that just one malfunction in your home’s sewer or septic system could cost thousands of dollars? And, did you know that damage from sewer backup is not automatically covered by your homeowner’s insurance? In fact, many policies exclude sewer line backup repairs from coverage.
Who needs sewer line coverage?
It doesn’t matter where you live or if your home does or does not have a basement, any homeowner can potentially have sewer line damage from simple wear and tear on aging pipes, tree roots damaging pipes or just from the ground settling and shifting. Unless sewer line coverage is listed as an “additional coverage” endorsement in your homeowner’s policy’s declarations page, you do not have coverage and will be responsible for your own sewer line repairs. Consider whether your budget could handle such an expense, and if not, consider adding this endorsement (rider) to your coverage.
What is covered?
Coverage may vary based on your homeowner’s insurance company, but adding an endorsement to your homeowner’s policy for sewer line coverage generally provides coverage for repair and replacement of property damage caused back ups through sewers or drains. This endorsement will help pay for things like replacing furniture or paying for water removal services and additional living expenses if you have to move out of your home while repairs are made.
Adding sewer line coverage to your homeowner’s insurance
You can request to add sewer line coverage to your homeowner’s insurance. It’s generally not inexpensive, although the price varies, depending on what is covered. You can choose limits of coverage that match your specific needs.
If you are not prepared to spend thousands of dollars on a sewer line replacement or repair, let us talk to you about adding this coverage to your homeowner’s insurance. If you would like us to review your coverage, we can go over all of the options available to you, whether they involve sewer lines or other aspects of your home. We are here to help you! http://www.iiassoc.com/
