For homeowners, insurance is an absolute necessity. You never know when a costly, damaging accident can affect your home. With insurance providers constantly trying to up-sale you, however, it’s hard to know which additions to a home insurance plan are actually useful.
One of those is a water backup, or sump pump, endorsement. It’s one of those things that sound completely unnecessary, and as a result many first-time homebuyers neglect to add it to their homeowner’s policy. However, when you break it down you realize it’s actually incredibly important to have when shopping for Homeowners Insurance in Arizona.
For those who have never heard of it, a water backup endorsement covers damage incurred when water gets backed up through a drain, sink, or toilet. Anyone who has ever had to deal with a major backup knows how messy it can get. Think major indoor flooding of dirty, stinky water that can cost thousands of dollars to pump out of your home. Then the after affects and damage it leaves on your home and personal belongings is a whole other thing to deal with. All in all, water backup is not very pleasant.
If you live in an older home with a less-than-modern plumbing system in place, it is more likely that you’ll experience a water backup. Under most policies, sump pump coverage can range from $2,500 to $25,000 depending on many factors, including the level of coverage you want.
Summit Insurance provides affordable homeowners insurance to Scottsdale residents. That includes water backup coverage. One of our qualified agents is available to find the right level of water backup coverage for your home or business, tailoring a policy that’s right for you. Feel free to contact us about adding water backup coverage to a new or existing policy.