At Portsmouth Atlantic Insurance, our mission is to ensure that homeowners in New Hampshire have the protection they need against the various risks that can threaten their homes. One such risk that often goes unnoticed until it’s too late is water damage caused by backups and sump pump failures. In this comprehensive guide, our licensed insurance agents will walk you through everything you need to know about water backup coverage, why it’s essential for New Hampshire homeowners, and how you can secure this valuable protection.
Understanding Water Backup Coverage
Water backup coverage, also known as sewer backup coverage or sump pump overflow endorsement, is an optional add-on to your homeowners insurance policy. This coverage provides financial protection against damages resulting from water backing up into your home due to various factors, including clogged drains, overwhelmed sewer systems, or malfunctioning sump pumps.
What Water Backup Insurance Covers
Water backup insurance typically covers a range of damages and expenses associated with water backup incidents:
- Damages to your property caused by backed up drains, failed sump pumps, or sewer backups.
- Costs associated with cleaning up water damage.
- Repairs to damaged floors, walls, furniture, and electrical systems.
- Replacement of ruined personal belongings.
- Mold damage resulting from water or sewer backup.
Exclusions to Be Mindful Of
While water backup coverage offers valuable protection, it’s essential to understand its limitations. Some common exclusions include:
- Backup caused by a faulty plumbing system or inadequate maintenance.
- Replacement of broken sump pumps.
- Gradual damage over time due to lack of maintenance.
The Cost of Protection
The cost of water backup coverage varies depending on several factors, including coverage limits and the property’s risk exposure. Premiums typically range from $50 to $250 per year. Our licensed insurance agents can help you select appropriate coverage limits tailored to your unique needs and property’s value.
Why Water Backup Coverage Is Essential for New Hampshire Homeowners
New Hampshire homeowners face unique risks, including severe weather events and aging infrastructure, which can increase the likelihood of water backup incidents. With water damage ranking among the most common and financially burdensome homeowners insurance claims in the state, having water backup coverage is essential for protecting your home, belongings, and finances.
How to Secure Water Backup Coverage
Adding water backup coverage to your homeowners insurance policy is a simple process with Portsmouth Atlantic Insurance. Our licensed insurance agents will guide you through the available coverage options and help you select appropriate limits tailored to your unique needs. Don’t wait until disaster strikes—protect your home with water backup coverage today.
Conclusion: Partner with Portsmouth Atlantic Insurance for Comprehensive Protection
Water backup coverage is a vital component of protecting your New Hampshire home against the unexpected. With the help of our licensed insurance agents at Portsmouth Atlantic Insurance, you can rest assured knowing that your home and belongings are adequately protected. Contact us today to learn more about water backup coverage and other essential insurance options for your home. Let us help you safeguard your New Hampshire home and enjoy peace of mind for years to come.