CaptainStudly t1_j1qqglk wrote
HomeServe exterior line coverage is 100% worth it. My main exit line developed a hole, let your imagination run wild with that. Filed a claim, guy came out with an endoscope and found the hole, his company evaluated options, and within something like three weeks my drain was fixed, all covered by the policy.
Edit to add: as far as I can tell this insurance works the way insurance is supposed to work, by pooling risk. You look at it and wonder how they don't get killed by adverse selection, and I still sorta wonder that considering that it's not compulsory. But if you step back and look at how we finance fixing a city full of 100-year-old drains, the answer is everybody pays $10/mo and we fix them as they break.
Opposite_Selection_3 t1_j1s1stl wrote
Get both the water and sewer line. In one year we had both go. Combined cost without insurance was $13,000 and that did not include landscape improvements after the work was done.
Direcircumstances1 t1_j1tase9 wrote
Agreed! We have both! We had out water main line blow up. They replaced it right away.
wbruce098 OP t1_j1qr296 wrote
Good to know, thank you!
miamivt t1_j1t2iov wrote
Call them and get it today. On our block, six houses have had to replace their line this year. They were all built in 1927. It's only a matter of time that the rest of the houses need it.
psyop63b t1_j1rvd3m wrote
I also thought exterior line coverage (water and sewer) was a no-brainer. 30 years of insurance premiums is still cheaper than a single repair.
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