Imagine coming home from a long day at work to see that your carpet is completely soaked and your home reeks of sewage. It can happen and has many homeowners. Do you know what your next step would be, or an even better question is, would you have adequate coverage for the damage that has just been caused to your home? The cost of ensuring that you have protection against such a loss is minimal compared to the peace of mind you will gain from knowing that you are covered if such an event arises. Water damage can happen in the blink of an eye and, most times, cannot be prevented. Make sure that you are prepared for the unexpected.
For many homeowners, the answer to that question is no. Unfortunately, many people do not carry what is known as Water Back Up and Sump Overflow Coverage. Water Back up and Sump Overflow is an endorsement that can be added to your policy to protect you from loss resulting from water that backs up through sewers or drains or overflows from the sump. Most companies offer $5k in liability coverage; the estimated premium for adding this coverage is $25 to $50 dollars for the year.
Most people feel that if they have a newer home, this coverage is not needed, but that is not the case, as water damage can happen anytime. Water pressure in pipes, a clogged septic tank, or just a loose screw can cause water to back up into your home.