Condo Insurance Inquiry
If I reside in a condo, do I need to include coverage for backup sewer, drain, or sump pump in my homeowners insurance? What does this coverage actually entail?
Condo insurance
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Yes, if you live in a condo, it’s a good idea to consider coverage for backup sewer, drain, or sump pump issues as part of your homeowners insurance or condo insurance policy. This type of coverage typically protects you in the event that waste or water backs up into your unit, which can cause significant damage to your belongings and the structure of your home.
Backup sewer/drain/sump pump coverage generally includes:
Damage Restoration: It covers the costs to repair or replace your personal property damaged by sewage backup or flooding from a sump pump failure.
Cleanup Costs: It may help pay for cleanup and restoration services after a backup occurs, which can be quite expensive and involved.
Additional Living Expenses: If your unit becomes uninhabitable because of the damage, some policies may cover temporary housing expenses.
It’s important to review your condo association’s master policy, as it may cover common areas and certain structural elements, but it often doesn’t extend to your personal unit’s specific risks. Always check with your insurance provider to understand your specific coverage options and limitations, since coverage can vary by policy and provider.