The Coverage You May Not Have Heard About That You Absolutely Need.
Picture this: It’s a Sunday afternoon and suddenly you’ve lost water pressure. There’s a trickle of water coming out of your bathroom faucet and there’s no chance the last load of weekend washing is going to get done. You’re not sure what the issue is. Sure, it’s a pain to deal with but you’re not worried because you have a homeowners insurance policy.
While losing water pressure doesn’t regularly happen it is fairly common to think that a homeowners policy will cover any homeowner issues that may arise. However, this would be incorrect. While a homeowner’s policy covers any issues that arise within your home there are plenty of issues that can occur outside your home and still affect everyday living.
Let’s take the situation described above. A loss of water could be an issue with the pipes leading into your home: those on your property but exterior to your home. It could be from an old growth tree root that has penetrated your water pipe. Once it’s on your property it’s not the city’s issue it’s yours and a normal homeowners policy is not going to cover the cost as it’s outside the home.
According to one estimate, the average cost of installing/replacing a water service line can be over $2,500.
Enter Service Line Coverage. Underground service lines are exterior pipes and wiring that provide services to a home. These lines can be damaged by causes not covered by the standard homeowners insurance policy. Coverage can often be purchased for a nominal annual fee that can add up to thousands of dollars in repair savings that would otherwise come out of your pocket.
Coverage could include:
- Underground service line repair or replacement costs
- Excavation costs required to repair or replace the covered service line
- Damaged trees, shrubs, plants, lawns, walkways, and driveways
- Additional living expenses while repairs are made
See below for the types of underground service lines covered and the most typical causes of failure.
Types of underground service lines covered:
- Natural gas
- Waste disposal
- Compressed air
Typical causes of an underground service line failure:
- Wear and tear or deterioration
- Rust or other corrosion
- Mechanical breakdown
- Damage from weight of vehicles, equipment, animals, or people
- Artificially-generated electrical current
- Freezing or frost damage
- Vermin, insects, rodents, or other animals
- Tree root or other plant root invasion