With the recent storm damage we experienced in Colorado I thought it was prudent to address a problem that has occurred on a few of our listings. You guess guessed it – sump pump issues. You wouldn’t think there would be issues with a sump pumps but there is. In fact, I would wager you didn’t even know that your sump pump isn’t covered by your home owners insurance.
A sump pump is a pump installed into the lowest part of a crawlspace or basement. Its job is to help keep the area under the building dry and prevent it from flooding. The pumps are usually installed within a sump pit. Water will flow into the sump pit through drains or natural water migration through the soil. The sump pump then pumps the water out of the pit and away from the building so the basement or crawlspace stays dry.
Here are the top 3 things you can do, today, for under $50 to ensure no sump pump issues with your home:
- Call your insurance company and find out if your basic coverage actually covers your sump pump. You see if your pump fails your basement will flood. Typically speaking the sump pump is not covered by your normal home owners insurance. This means the damage is on you not the insurance company.
- Go to your local hardware store (The Home Depot, Lowes, Ace Hardware) and purchase a sump pump alarm. This alarm will notify you 2 stories up that the pump has failed. If that alarm goes off you know that the water isn’t pumping out and you can then call your local plumber to fix this situation.
- Add the additional insurance to have your sump pump covered! The fact is you may go on vacation and a major storm may hit. Wouldn’t it be nice knowing that when you come home to a flooded home the entire repair work isn’t out of your pocket? Trust me you don’t want to finish a vacation on a bad note. Especially because you didn’t know your insurance company wasn’t looking out for your best interest up front.
Everything in life can fail. Your car will may die one day, the roof of your home will need to be replaced, and sump pumps will fail. It’s better to be protected today than get protection after the fact. This is a major issue we have been seeing with recent storms and we would like everyone we know to be prepared when the next one comes.