In the last year or so many insurance companies have added a new endorsement available on their homeowners policies called Service Line Coverage. What is this new coverage and why do you need it? Service line coverage covers the expense of costly excavation and repair of underground wiring and piping.
Common Causes of loss are:
- Wear & Tear
- Rust or Corrosion
- Mechanical breakdown
- Collapse from above ground weight
- Artificially generated electric current
- Freezing or frost heave
- External for from excavation
- Tree or other root invasion.
Check out this Infographic from Hanover Insurance. Call or email me today for more information about service line coverage.
*Service Line coverage varies by carrier