Did you know that the water company doesn’t cover breaks or stoppages in the water service lines that run from the curb to your house? If tree roots or earth movement—or even simply age—cause leaks or bottlenecks in your lines, you may have to pay thousands of dollars to have the problem solved.
Some insurers now offer exterior service line coverage as part of their homeowners insurance policies, while others offer the coverage as a simple addendum. Service line insurance can also be broader than just water lines and can include gas pipes, electrical conduits, and communications cables.
The coverage is designed to be affordable and can save you great expense if a rupture or other damage should occur. Know, however, that there may be a waiting period before coverage takes effect, so don’t delay in looking into this coverage with your insurance agent.