The standard homeowners policy does not provide water and sewer backup coverage. Sewer and water backup is a reversal in the normal flow path of the fluid due to an obstruction. Basically, the flow can be restricted for several reasons including a collapsed drain or blockage in a pipe such as tree roots.
Adding water/sewer backup endorsement to your homeowners policy is very inexpensive, ranging on average between $25.00 and $75.00 annually depending on your coverage limits and deductible. Coverage limits range from as little as $3,500.00 and up to, in some cases, $25,000.00.
Below are 5 reasons to add this water & sewer backup coverage to your homeowners policy.
- Water/sewer backup can happen to anyone. Backup caused by something obstructing the pipes is unlike groundwater issues because the potential of backup damage is not dependent on your elevation.
- In most cases, your homeowners policy will not provide backup coverage and requires a separate endorsement. It’s best to call your agent to learn if you have this coverage and if so, your levels.
- The likelihood of a backup increases with the age of the pipes.
- The coverage cost is minimal when one considers the cost of repairing the damage to your home, especially if you have a finished basement.
- This coverage qualifies you for “loss of use” coverage in the event the home is uninhabitable and you need another place to stay.
Water/sewer backup coverage does not include groundwater flooding issues. Groundwater damage is covered under flood insurance and requires a separate policy.
Contact your F. A. Peabody agent for a quote or with any questions regarding your coverage.