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Service line coverage: This is another optional add-on that covers the replacement of utility lines on your property that are outside of your home. These include water, steam, sewer and drain pipes.
What might water or sewer line repairs cost a homeowner with no coverage? "Current pricing for a water service line is $10,000 to $12,000," Walker said. "It can be on the higher end if the street ...
Water backup coverage: This endorsement provides coverage if your home’s sewer or water lines backup into the drain, toilets or showers from issues like clogged pipes or broken drains. These ...
An insurance policy may or may not cover the costs associated with water damage and the process of water damage restoration. While a common cause of residential water damage is often the failure of a sump pump, many homeowner's insurance policies do not cover the associated costs without an addendum which adds to the monthly premium of the policy.
Some popular home insurance endorsements are: Service line coverage ... Sewer backup coverage: Although sewer backup coverage is not part of a standard home insurance policy, it can usually be ...
Luckily, homeowners insurance helps cover a wide range of misfortunes, including some types of water damage. But it’s important to be aware of which incidents are covered under your policy and ...
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