Service Line coverage: the coverage you need but probably don’t have

Does your New Orleans homeowners insurance policy have service line coverage?

The answer is probably not

Most homeowners don't know they are responsible for the sewer line that runs from the street under their property and into their house

In New Orleans over time these sewer lines will collapse due to corrosion, tree root intrusion or land subsidence (settling or sinking)

Common Sewer Line Problems

  • Broken or cracked sewer line
  • Pipe bursting
  • Tree root intrusion
  • Collapsed sewer line
  • Main sewer line clogged
  • Drain repair needed

When this happens the water can't run into or from your house and the water backs up into your home

Now your policy should have water backup coverage to cover the damage inside your home from the water and most policies do but its the Service Line endorsement most homeowners insurance policies don't have

This endorsement will replace the sewer line plumbing pipe

Without the endorsement you would be responsible for paying the plumber to excavate your front yard and replace the pipe and the homeowners insurance company would pay for all the water damage inside your home

Now you can buy the coverage you need to pay for replacement of the pipe itself which can cost as much as $3500 to start

What is the cost of sewer line repair?

"The average cost to repair a main sewer line is $3,818 with most homeowners spending between $2,250 and $5,750. A full sewer line replacement ranges from $8,000 to $30,000, or $50 to $200 per linear foot, depending on the length and width of sewer pipe needed"..read full article here


How much is the Service Line Endorsement?

Most New Orleans homeowners insurance companies charge $25 to add this coverage


How much coverage does this endorsement provide?

Most companies will provide up to $10,000

Why this endorsement is important?

The standard exclusions in a homeowners insurance policy will not cover wear and tear or corrosion because the damage was not a result of a sudden and accidental event

You would get replacement coverage for corrosion, wear and tear, tree root intrusion, collapse

You also get excavation costs included too

Here is a sample pdf of the insurance policy language  


Which insurance companies in New Orleans offer the service line endorsement?

Gulf States Insurance

Capitol Preferred CPIC

Southern Fidelity SFIC

Centauri National

UPC

What's this all about?

Check your current homeowners insurance policy and if this coverage is not listed on your policy declarations page under endorsements you don't have this coverage

It is an endorsement and must be purchased or added on the policy as a line item

If you would like a quote from one of the companies listed above that offers this inexpensive but very important coverage just complete the quick form below

UPC insurance company is a top pick in 2020 

They are the 18th ranked insurance company writing homeowners insurance in the United States.  

to learn more about UPC click here

REQUEST A HOME INSURANCE QUOTE BELOW FROM

FM AGENCY GROUP

FM Agency Group

Helping Louisiana with insurance since 2001. Homeowners, car, rental property, flood and personal umbrella. Get the protection you need for the value you want. 504.348.3131

Agent Tim

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