Picture this. You open the door to your basement and see six inches of water or sewage. There is never a “good time” for these instances to happen. Some of your first questions may be: How did it get in? How am I going to get it out? And, do I have coverage for this?
Water, whether it be from pipes, sewers, sumps, or floods, is one of the bigger issues in homeowners policies. There is a lot of confusion surrounding what is and is not covered, and it’s definitely a concern in the springtime. Consider the following:
- Backup of Sewer and Drain Coverage is coverage for back up through sewers or drains or overflow or discharge of a sump pump or related equipment, even if the equipment suffers a mechanical breakdown.
- This coverage is not automatically included on a homeowner’s policy, but can be endorsed for a small premium. The premium for this varies on how much coverage you want.
- Coverage generally runs in increments of $5,000 and can range from $5,000 to $50,000, or more, depending on the company.
Backed up sewers and drains can do major damage to your home, causing thousands of dollars to your floors, walls, and furniture. If your basement is finished or you store items in your basement, you’ll want to consider this coverage.
Contact us at (608) 643-3000 for more information.
Summary provided by Emergency Fire & Water Restoration, Madison, Milwaukee
