“Will my homeowners insurance policy provide coverage for water backup if my sump pump fails?” This is a common question among homeowners with sump pumps, and the answer can vary. In most cases, a standard homeowners insurance policy does not provide coverage for water damage caused by sump pump failure. However, this type of coverage can be easily added on to your homeowners policy in the form of what’s called an “endorsement.”
With most homeowners policies, this endorsement can be purchased at a low cost and will provide coverage for damage caused by backed-up water. This includes coverage for items damaged by the water, as well as the cost of cleaning up the water in your home, provided that the loss was not caused by the homeowner’s negligence.
Although your sump pump could fail at any time, homeowners here in New Hampshire are especially vulnerable during our spring season, when large amounts of snow typically melt and we receive heavy rainfall. And in many homes, especially those with finished basements, it takes less than one inch of water to cause thousands of dollars’ worth of damage, making a water and sump pump backup endorsement a wise investment.
Since insurance isn’t something most homeowners deal with on a daily basis, it’s important to have an insurance agent you can trust to assess your exposures and make coverage recommendations that will fully protect you and your assets. If you have additional questions about sump pump failure insurance coverage, our agents are here to help. At Eaton & Berube Insurance in Nashua, NH, we’ve been assisting New Hampshire residents with their coverage needs for more than 70 years. To learn more or to get a free quote for homeowners insurance that includes sump pump failure insurance coverage, please call us today at 603-882-2766 or submit our online quote form.