Welcome Brokers and Agents
Surveys reveal that more than 50 % of homeowners believe the water and sewer lines that travel underground on their property are fully covered on their existing homeowner policies. Many others falsely assume that the water provider will repair and replace these lines as needed.
Insured's are understandably upset when they learn of this liability after a water or sewer line failure occurs. The cost to excavate repair and replace water and sewer lines can have a serious impact to your customer's finances.
National Water Company is a managing general agent offering water and sewer line insurance plans through appointed agents and brokers. Our policy is somewhat unique in that it covers the normal wear and tear associated with the natural aging process.
We offer this as a flat rate insurance product that requires no underwriting questions or paperwork for your agency. Our system is web based and all enrollment transactions are done on line. Policy issuance is handled automatically and your insured's policy will be e-mailed to them as soon as the simple online enrolment is complete. For those insured's who do not use e mail the policy will also be mailed 10 days after enrollment.
Your staff will also have access to their own log in to keep track of new enrollments.
We are currently looking for agencies that would like to share this program with their current home insurance customers.
Water and sewer line offer provides:
Coverage definition: "Emergency breakdown" means sudden failure to the external water/ well lines or sewer/ septic lines due to defects in workmanship and/ or material, breakdowns due to normal wear and tear, or breakdowns arising in the course of ordinary functioning and usage.
Exclusions: Known pre existing leaks, clogs or ruptures, property owner negligence, natural disaster
Waiting period: There is a 30 day waiting period to file a claim; this helps to keep rates low by discouraging fraud.
What Your Agency Needs To Begin Offering This Coverage.
Once appointed your agency may qualify for a no cost direct mail campaign to announce this coverage to 100% of your current homeowner clients.
Download appointment now or call 800-790-3201 for additional info.