Updated: Dec 9, 2020
Service Line coverage offers protection to cover the cost to repair damaged exterior underground service lines. Often homeowners are unaware that they may be responsible for exterior underground utility piping, lines, and wiring connecting their home to the utility source and that the standard Homeowner policy provides no coverage for damage and repairs to these service lines.
What does it generally cover?
Outdoor property, including but not limited to trees, shrubs, plants, lawns, walkways, and driveways that is the direct result of service line failure or during the excavation of covered service lines.
Excavation costs that are reasonable and necessary to repair or replace the damaged covered service line.
Extra cost to make temporary repairs and speed up permanent repairs or permanent replacement.
Additional living expenses and fair rental value.
Service line coverage provides coverage for service line failures resulting from accidental physical damage by the homeowner or third parties as well as for physical damage caused by wear and tear.
Coverage limits are usually $10,000 for homes less than 50 years old and $2,500 for homes 50 years or older. Deductibles are commonly $500 per occurrence.
Hopefully, this article will encourage you discuss Service Line coverage with your independent insurance agent/broker. They can help you, but it is your responsibility to choose the insurance that is best for you.