Endorsements: Service Line Coverage
The underground utility connections for your Sewer and Water are considered your Service Lines.
When these pipes enter your house they are covered by your homeowners insurance policy. The City or Town is responsible for these connections from the curb outward.
This leaves a gap in coverage for any damage that may happen to the buried pipes from your house to curb. If your water pipe bursts or your sewer line collapses under your front lawn, the cost to dig up and repair the service line can cost thousands of dollars. On average the cost is $5,000 to $10,000 to dig up, fix or replace pipes.
Fortunately you can lessen the cost of repairs by purchasing service line coverage. Coverage is available from service line warranty companies for about $12 a month for service line coverage which can offer expanded coverage including repair of clogs to plumbing inside or outside of the house. NYC DEP has contracted with American Water Resources to offer this coverage to all NYC homeowners and the bills are added to your monthly water payment. Outside of NYC you can obtain coverage directly from American Water Resources or other independent companies.
Some homeowners insurance companies are also offering Service Line Coverage as an endorsement to their homeowner insurance policy. The average cost for a service line endorsement offered by your insurance company is about $29 for the year. Coverage is limited to exterior service line connections only. There is no coverage for interior plumbing or clogs. Interior covered damages would be covered by the homeowners insurance policy.
If you are interested in adding this coverage you should contact your insurance agent or company to inquire about the availability and cost.
Your home is one of your most valuable assets. It is important to review your coverage with your agent to confirm that you are carrying the proper coverages for you and your family.
For a new homeowners quote or a free policy review you can contact me at Robert Pehnke Corp 718-657-4100.
When these pipes enter your house they are covered by your homeowners insurance policy. The City or Town is responsible for these connections from the curb outward.
This leaves a gap in coverage for any damage that may happen to the buried pipes from your house to curb. If your water pipe bursts or your sewer line collapses under your front lawn, the cost to dig up and repair the service line can cost thousands of dollars. On average the cost is $5,000 to $10,000 to dig up, fix or replace pipes.
Fortunately you can lessen the cost of repairs by purchasing service line coverage. Coverage is available from service line warranty companies for about $12 a month for service line coverage which can offer expanded coverage including repair of clogs to plumbing inside or outside of the house. NYC DEP has contracted with American Water Resources to offer this coverage to all NYC homeowners and the bills are added to your monthly water payment. Outside of NYC you can obtain coverage directly from American Water Resources or other independent companies.
Some homeowners insurance companies are also offering Service Line Coverage as an endorsement to their homeowner insurance policy. The average cost for a service line endorsement offered by your insurance company is about $29 for the year. Coverage is limited to exterior service line connections only. There is no coverage for interior plumbing or clogs. Interior covered damages would be covered by the homeowners insurance policy.
If you are interested in adding this coverage you should contact your insurance agent or company to inquire about the availability and cost.
Your home is one of your most valuable assets. It is important to review your coverage with your agent to confirm that you are carrying the proper coverages for you and your family.
For a new homeowners quote or a free policy review you can contact me at Robert Pehnke Corp 718-657-4100.