Water Backup Condo Insurance

Water backup coverage also called sewer or sump pump backup coverage is one of the more popular and useful homeowners insurance endorsements that you can add to your policy.

Water backup condo insurance. Two optional coverages include sewer backup and overland water coverage. Count on quality coverage. You can purchase deductible assessment insurance under your personal condominium unit owners insurance. Coupled with increasing water damage claims and repair costs insurers are increasing water damage and sewer backup deductibles on the strata corporation s insurance.

Sewer backup is when the sewer drains backup into your home typically the basement caused by a clog in the sewer line outdated sewer systems or excess rain. As a unit owner you can be held responsible to pay these high deductibles. It may not cover sewer or drain backups or flooding which would require additional coverages or policies. Sewer backup coverage covers damage from this water that comes into your home through pipes drains septic tanks eaves troughs or down spouts.

Severe water damage due to overland water or sewer backup could affect you your neighbours or your common areas. Stay protected with the proper coverage. According to the insurance information institute iii homeowners policies like condo insurance may help cover water damage caused by burst pipes rain and ice dams.