said by Bob4:The sewer backup insurance is not expensive. My premium is only $15 per year.
You have a diff sewer design. Maybe a non-finished basement? WHo knows.
I know over here there are some houses/area's they will not even insure. I have it, but it will only cover up to something like 15K. They won't give more.
Most insurance companies are very wise to what area has what. I expect this guy to get bare minimum, 10-15K coverage. But the US may be different when it comes to insurance. Certainly isn't a 15$ add-on here when in a problem area.
Even with the millions being spent to refurb everything to surpass code. I call the INS and said I should be getting a reduction since the risk is low and the risk is limited to a 100 year event. Girl on the phone laughed at me and said, "insurance never goes down". Told me to bring the issue up with some Canadian board to force a review.
I expect I will have to get some signatures and the engineers reports before they stop laughing at me.
I expect no less in the states... But then again, we here horror stories here about how they don't pay out when things happen...
I'm curious what they will tell him. Let us know...