Water Pipe Coverage

The cost of sewer line insurance varies depending on the type of coverage you purchase.

Water pipe coverage.

A lot goes on behind the scenes to keep your home working and connected to the outside world. After a pipe bursts homeowners insurance covers damage occurring to the carpet or rugs the floor drywall paint and so on. 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. 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.

The actual pipe itself or washing machine will not be covered. 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. 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. However the resulting damage from the sudden breakage may be.

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. There s no way to prevent a water service line emergency. Clay pipes can last up to 50 or 60 years while pvc can. Some utility companies offer water and sewer line coverage for a few dollars a month.

For example if your pipe burst because of an earthquake the water damage most likely won t be covered. 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. 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.

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. Broken pipe and water damage example. If you want coverage for earthquake damage you ll need to buy a separate earthquake. If something goes wrong with those subterranean pipe systems the homeowner not the utility is responsible.