We are seeing more companies offer Buried Utility Lines Coverage (aka Service Line Endorsement) on Homeowners Insurance policies. We highly recommend adding this coverage to your policy as standard Home Insurance typically does not cover this type of claim.
Buried utility lines coverage refers to protection against damage to underground pipes and wires that provide essential services to your home, such as water, gas, electricity, and sewer.
This type of coverage usually has specific limits, which may be expressed as a dollar amount per incident or a total amount per policy term.
Like any insurance coverage, buried utility lines coverage may have exclusions, such as pre-existing damage, intentional acts, and normal wear and tear.
Having this coverage can be important as the costs of repairing or replacing damaged utility lines can be substantial and unexpected.
This is very affordable coverage, typically starting at $30 - $40 per year for $10,000 in coverage.
Contributed by Gina Russo, Licensed Insurance Agent