Today we give you the lowdown on Water Backup Coverage, one of the most useful endorsements to your Homeowners Insurance Policy. Keep reading to learn what Water Backup Coverage is and why it makes sense to add it to your Homeowners policy.
What Is Water Backup Coverage?
Any home is made up of many moving parts. Some of those parts, such as doors, windows, and home appliances are visible. Other components, such as drains and sewers, remain out of sight most of the time.
However, when one of those less visible components fails, the consequences are plain to see—and heavy on your pocket.
According to industry estimates, most water backup claims cost between $5,000 and $10,000 to repair. Water Backup Coverage helps mitigate these costs and gives you the peace of mind that comes knowing that you and your home are protected should an unexpected backup happen.
It’s worth keeping in mind that Water Backup Coverage doesn’t pay to repair or replace broken sum pumps (although you can get separate coverage for that) or for damage that results from flooding, tsunamis, tidal waves, or overflow of any body of water including pools.
Why Purchase Water Backup Coverage?
If you are under the impression that your Homeowners Insurance policy covers water backup, think again. The truth is that your typical Homewoners policy does NOT cover this type of damage.
Water Backup Coverage is a smart and cost-effective way to close this gap in your insurance and get protection from backed-up drains or clogged sewer lines.
The amount of coverage you need and the cost of your premiums depend on several factors, including the size of your basement, the type of flooring and wall material, and whether you have a finished or unfinished basement.
Contact the experts at RF1 Insurance today to learn more and find the Water Backup Coverage that works for you.
RF1 Insurance Services: Water Backup Coverage in Southern California
Looking for Water Backup Coverage in the Golden State? RF1 Insurance is your trusted local Safeco agency serving Southern California. Get in touch today: our agents stand ready to meet all your insurance needs.
Contact us by email (info@RF1ins.com), telephone (909-359-2067), or social media (Facebook, Twitter, or LinkedIn) for a free quote or to learn more about a full range of insurance solutions.