Water Pipe Coverage

And while you might not think about your home s underground utility lines like water lines sewer pipes and power lines they play a major role in your day to day life.

Water pipe coverage.

Water backup coverage is an optional endorsement that must be added onto a standard homeowners condo or renters insurance policy. As your home ages so does the exterior water service line that brings fresh water to your house. Any service needed to clean up the water dry out the home and. For example if your pipe burst because of an earthquake the water damage most likely won t be covered.

After a pipe bursts homeowners insurance covers damage occurring to the carpet or rugs the floor drywall paint and so on. Its service plans are on average 5 per month for water service line coverage and. Clay pipes can last up to 50 or 60 years while pvc can. A water service line is the pipe that brings fresh water into the house and does not include pipes that carry away wastewater.

Broken pipe and water damage example. For example virginia based dominion energy company provides water line replacement coverage from 5 to 6 per month and sewer line repair coverage for 6 per month. Without the endorsement you would be stuck paying for the cost of cleanup or damages caused by a sump sump pump or similar equipment that s not considered a plumbing system or household appliance. A lot goes on behind the scenes to keep your home working and connected to the outside world.

Water line insurance or exterior water service line coverage is not a true insurance policy but a financial contract between a consumer and a company. If something goes wrong with those subterranean pipe systems the homeowner not the utility is responsible. Another example is if something that happened gradually like a broken pipe or a broken water tank or a washing machine breaks due to unexpected wear and tear. However the resulting damage from the sudden breakage may be.

There s no way to prevent a water service line emergency. If you were able to secure coverage for about 10 per month your cost for a year of coverage is 120 for a year or 1 200 for a decade. The actual pipe itself or washing machine will not be covered. If this line breaks or leaks due to ground shifting pipe aging corrosion or extreme temperatures you could be faced with an expensive repair bill.