What would you like to do?
The short answer is no - unless the well has run dry due to accidental damage of some sort.
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Very doubtful, the homeowners policy isn't a maintence policy, all losses must be sudden and accidental and a 'named' peril must have caused the loss. Additionally,… this issue would probably be determined to be an "Act of God," thus placing the loss outside of insurance coverage.
Yes, most do. Just as if your TV or computer was blown out by a lightning hit, your well is covered as well- no pun intended!
Homeowners insurance covers the house itself should it be damaged. Many of the policies include liability insurance so that if anyone is injured there you have protectio…n. There are some types of mortgage insurance that cover the remaining mortgage should the owner die. But, if the lender does not require it due to a low down payment, one would have to specifically buy that.
Probably not, but call your carrier to find out for sure.
No, Homeowners insurance is "Hazard Insurance" for losses to your home from the specified covered perils detailed in your policy. Covered perils are typically losses resulti…ng from Fire, Lightning, Wind and Hail. Home insurance does not cover normal and expected maintenance or repair expenses that are considered incidental to home ownership. It's no different than a clogged drain for example, If it's not the result of a covered peril then it is not covered. Normal Maintenance, Repairs or Home Updates are not hazard losses.
No, plus there is a special number you need to call for city or Township approval before digging, they offer insurance to the dig
No, water wells are not typically covered under homeowners insurance policy. The company that installs the well usually has a warranty that may cover damages, or malfuncti…ons.
If i go out of town and live the water running from the sink would mu homeowners cover the claim
No, unless it was hit by lightening. They will send out and engineer to pick up the pump after it has been pulled. They will then test it and give you an answer.. $1200 for …pump and $500 for labor is what I was quoted. 3-18-2012
Generally not; however the definite answer is governed by the language of the policy. The "generally not" is due mainly to the following factors: 1. Insurance is intended to …cover fortuitous (accidental and unforeseeable) occurrences. The problem that you mention is more one of maintence. 2. If water intruded into the house as a result of the well being broken, the insurer may consider it to be a flood. If so, there is usually an exclusion for flooding in the typical homeowner's policy. If there was no water intrusion, #1 would probably preclude coverage.
No, it is just for the house and contents.
You mean cover the owner who is listed on the policy? =No!
Contact your insurance agent. If you have additional structures coverage and your well meets the definition of an additional covered structure on your policy you may have cove…rage. Bear in mind that additional structures will be covered for the same perils as your main structure. Typical perils are Fire, Wind, Hail damage etc per your schedule of covered perils.
Not likely. Most insurers would consider a well pump to be a homeowners maintenance issue. Well pumps require replacement form time to time. they are a mechanical device and …they just break down and die after a period of time depending on usage and ground and well condition's. It's no different from needing to do occasional mechanical repairs on your automobile. A warranty might help you if it's still in force but your auto insurance would not pay for mechanical breakdown. Likewise your homeowners insurance policy does not provide for maintenance costs of your home.
A well pump is covered property as part of the home. As always, the key is the cause of loss and not just that the item is damaged. Probably the main covered way for a well pu…mp to be damaged is through lightening damage.
I cannot think of any covered cause that would cause the collapsing of a well. Damage must be due to a covered cause.
You will have to check with your insurer, Not all policies are thesame. If you scheduled it for coverage then it is covered butotherwise it really just depends on the scope of… coverage youpurchased. Typically, your homeowners insurance would not cover utilityconveyance's.