By Harry Thomas | 09 Dec, 2023
Your home is your most important asset, so it’s understandable that you would want to do everything you can to protect it. This includes making sure that your home insurance policy covers all of the potential risks that your home faces. One type of risk that your home may face is damage from underground pipes.
Most home insurance policies will cover damage from underground pipes, but it is important to check with your insurer to be sure. Some policies may have exclusions or limits on this coverage, so it is important that you understand what your policy does and does not cover. If you have any questions about your coverage, be sure to ask your insurance agent or broker. Here at Royal Estimation, we’ll discuss are underground pipes covered by home insurance.
Underground Pipes Covered By Home Insurance – Yes Or No?
Underground pipes are typically covered by home insurance policies, but there may be some exclusions or limits on this coverage. It’s important to check with your insurer to be sure. If your insurance company offers any endorsements to insure these pipes, you may want to add them to your policy for the most possible coverage. Every insurance policy is different, not all policies cover the same things.
Some companies will not cover the repair cost of the broken pipe, but will only pay for the damage that was done to your home as a result of the break. However, the insuring firm will have to know the cause of the damage, which may be an expensive repair itself.
For example, if your water line bursts and ruins the hardwood floors in your home, your policy may cover the cost to repair or replace the hardwood floors. But, it’s likely that your policy would not cover the cost to repair or replace the pipe itself. In this case, you would have to pay for the pipe repair or replacement out of your own pocket.
It’s important to read over your policy carefully and ask your insurance agent or broker any questions that you have about what is and is not covered. This way, you’ll know exactly what kind of protection you have in case something happens to your home.
Common Damages to Underground Pipes Of Your Home
The most common type of damage that occurs to underground pipes is a break or leak. This can happen for a number of reasons, including:
- Age and wear and tear
- Construction work near the pipe
- Tree roots growing into the pipe
- Extreme weather conditions
If any of these things happen, it can cause water to leak out of the pipe and into your home. This can lead to significant damage, depending on where the leak is and how long it goes undetected.
For example, a small leak in an underground pipe may go unnoticed for a while. But, over time, that small leak can cause major damage to your home. Water leaks can ruin floors, walls, and ceilings. They can also cause mold and mildew to grow, which can be dangerous to your health.
A broken or leaking pipe can also cause extensive damage to your home’s foundation. This is because the water that leaks out of the pipe can seep into the ground around your foundation. Over time, this can erode the soil and weaken the foundation. This can lead to major problems, such as cracks in the foundation or even a collapse.
All of these damages can be very costly to repair. That’s why it’s so important to make sure that your home insurance policy covers damage from underground pipes.
General Rules For Home Insurance And Underground Pipes
Most home insurance policies will cover damage from underground pipes. However, there may be some exclusions or limits on this coverage. It’s important to check with your insurer to be sure. Some policies may have a separate deductible for damage from underground pipes. This means that you would have to pay the deductible out of your own pocket before your insurance would pay for the rest of the damage.
Home insurance typically covers accidental damages, such as a pipe that bursts due to age or wear and tear. However, it’s important to note that home insurance does not cover damages that occur due to negligence. For example, if you don’t properly maintain your pipes and they break as a result, your home insurance policy will not cover the damage.
It’s also important to note that home insurance policies have limits on the amount that they will pay for damages. Most policies have a limit of $500,000 for damages from a single event. This means that if the damage from a broken pipe is more than $500,000, you will have to pay the rest out of your own pocket.
Can You Purchase An Additional Coverage?
You can purchase additional coverage to increase the limits on your home insurance policy. This is called an umbrella policy. An umbrella policy will provide additional coverage above and beyond the limits of your home insurance policy.
For example, let’s say that you have a home insurance policy with a limit of $500,000 for damage from a single event. You can purchase an umbrella policy that provides an additional $1 million in coverage. This would give you a total of $1.5 million in coverage for damages from a single event.
You can also purchase separate insurance policies to cover underground pipes. This type of policy is called a home warranty. A home warranty is a service contract that covers the repair or replacement of certain items in your home. These items typically include major appliances, such as refrigerators and ovens. Some home warranties also cover underground pipes.
In The End:
So, your underground piping is covered by your home insurance as long as the damage is accidental. However, there may be some exclusions or limits on this coverage. It’s important to check with your insurer to be sure. You can also purchase additional coverage, such as an umbrella policy or a home warranty, to increase the limits on your home insurance policy. Hope you found this information useful!
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