Water is one of the leading causes of property damage in homes. According to Travelers, non-weather
related water damage causes up to 20% of all homeowners claims. That’s why Water Backup Coverage Exists.
What is Water Backup Coverage?
You may be asking yourself, “Do I need Water Backup Insurance?” If you’re a homeowner, the short answer is yes.
Like all insurance, Homeowners Insurance policies do not cover you for all possible claims. One of the most important exclusions to address is when water backs up through pipes or drains, such as when your sump pump fails to work properly.
Weather-related water damage is often an included coverage on most Homeowners Policies. However, homeowners insurance does not cover flooding. If your power goes out during a storm resulting in the failure of your sump pump, the water that enters your home can cause major and expensive damage that isn’t covered by default.
By adding coverage to your Homeowners Policy, you can protect yourself and your property from a significant financial loss. This coverage endorsement is commonly called “Water Backup of Sewers and Drains.” Most insurance companies offer this coverage and it’s something that should be recommended by your
insurance agent because of how much damage water can cause.
If you don’t have the coverage you need, or don’t know what coverage you have, get in touch with us through the form on the right. We’re happy to talk through your options and help you find the level of coverage that’s right for you.