On the residence premise. It extends coverage for damage to underground piping, wiring or attached devices that connect a home to a public utility service provider or to a private system. You or your insured can report a claim by email. We do not cover: a. The buried utility line, or service line, endorsement provides coverage for: Underground piping such as water, sewage, and gas lines Many consumers make the mistake of buying a homeowners insurance policy when they purchase the property and never update or review the policy with their agent. The Travelers Companies, Inc. (NYSE:TRV) is a leading property casualty insurer selling primarily through independent agents and brokers. Heres a breakdown of how you can bundle these coverages: - Sewer Back-Up and Surface Water- Buried Utility Lines*, - Sewer Back-Up and Surface Water- Flood- Buried Utility Lines*, - Sewer Back-Up and Surface Water- Flood- Ground Water- Buried Utility Lines*. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations.All rights reserved. 0000001979 00000 n %PDF-1.4 % If sewage backs up into your home, you'll pay $7 or more per square foot in cleanup costs. weight loss while breastfeeding Travelers is a National Board Authorized Inspection Agency and has over 170 Risk Control consultants who hold a Boiler and Pressure Vessel Inspectors commission. With Buried Utility Lines Coverage, you can be covered when one of these lines leaks, breaks, tears, ruptures, collapses or arcs. The Travelers Indemnity Company and its property casualty affiliates. While we regularly review previously published content to ensure it is accurate and up-to-date, there may be instances in which legal conditions or policy details have changed since publication. Travelers, Kemper, Allstate & Hanover - to name a few, don't . Coverage depends on the facts and circumstances involved in the claim or loss, all applicable policy or bond provisions, and any applicable law. Some examples of underground service and utility lines include: Water, sewer and drainage pipes. The Travelers Indemnity Company and its property casualty affiliates. Service line coverage with Lemonade costs only $3.25/month. When the grid goes down, your continuity plan has to rise to the occasion so you can restore power to your district as soon as possible. Providing account management service. Travelers Employment Practices Liability insurance includes coverage for defense costs and damages related to various employment-related claims. eGtlfXt7dGsEZXR2emFyfH57cHhqZWU= Together, with your broker, we are committed to providing you with the insurance products and service you need to keep you and your property protected: It's better under the umbrella. Let's discuss your equipment breakdown product and service needs. updated 9:00 am (2021/12/03) New Coverage Available on your Travelers Policy In February 2022, Travelers will be launching 3 new coverage options for their customers. 0000003102 00000 n When it comes to insuring your commercial property, Travelers has a number of solutions to help keep your property protected. Optional Buried Utility Lines Coverage on Travelers NJ Homeowner policy costs as little as $30 annually. Travelers and The Travelers Umbrella are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. 2023 The Travelers Indemnity Company. This endorsement covers sewer backup damage from sump pump failures, pipelines, tree roots, and other causes. Buried Utility Lines covers the costs of repairing or replacing underground utility wiring and piping including lines leaks, breaks, tears, ruptures, collapses or arcs. endobj endobj Resources to help you adapt to the realities of COVID-19. Damage caused by earth movement, windstorm, and certain other perils is also not covered. Send us your receipts, photos, invoices and more with just a push of a button. Agent Update CC EFT or Access Device Forgery and Counterfeit Cov CDTCD 9 0 obj These new coverages provide additional protection above our current Sewer Back-up and Surface Water coverages. Travelers risk control construction specialists have the knowledge and the experience to meet your risk control needs and to help you take a proactive approach to safety and accident prevention. 16 0 obj Travelers, Safeco, etc. 853 0 obj <> endobj xref *Buried Utility Lines Coverage can be purchasedindependently. 0000012658 00000 n 0000519495 00000 n Heres what you need to know to help you better understand these dierent coverages. x\ms6rUJw/_[SU6_J3%g( tGKbG|M`%l? eX!$xFT&2vbL$ 77W_)T|-v_x~s}/^q=9H8*'S7x"/:!99$:lmiHzzoaiYfnd_zS7Ut }uWl|n4cahf"K,sPUL'OrO8~XdP0AAfBzdNeHn@_\L~7\M>|qM$KQ7W\v]?pJ>. Student Housing: Affordable Insurance. For insureds with homeowners coverage, Travelers Equipment Breakdown Coverage, especially when combined with Buried Utility Lines Coverage, can give your current Travelers insured piece of mind. Buried Utility Lines Coverage HQ-856 CW (02-19) $20,000 Optional Coverages Endorsement Limit Premium Personal Injury Coverage HQ-082 CW (02-19) $16.00 Provides a service to the residence premise. ** Travelers and The Travelers Umbrella are registered trademarks of The Travelers Indemnity Company in the U.S. and other countries. 2023 The Travelers Indemnity Company. Read our update Enjoy Our New Commercials 13 0 obj <>stream endstream 3 0 obj Most home insurance carriers offer $10,000 - $20,000 of coverage for around $25-50 a year. Whether gas, electric, water or sewer, utilities need specialized solutions designed to fit their specific needs. Travelers has a team of knowledgeable underwriters, Claim professionals and Risk Control consultants with solid technical backgrounds in this field, providing a valuable resource in helping you effectively manage risks. 0000010677 00000 n charge an extra fee for additional replacement cost (the policy already has 50% as standard), special personal property coverage, and replacement contents coverage. Replacing the full length of your sewer line can cost as much as $30,000. Thanks to all of you who have made serving and protecting the public your way of life. 0000004426 00000 n As many water, gas and electrical service lines continue to age, homeowners now more than ever need protection from imminent and expensive damage to their buried utility lines. Navigating Your Business Through COVID-19, The Impact of Emerging Technology on Equipment, Drivers Behind the Rising Costs of Equipment Breakdown Insurance. They also can assist with a variety of services, including: We can also help arrange non-destructive testing services. BU offers coverage up to $10,000 for damage from a leak, tear, break, or collapse caused by any of the following: If youre a homeowner youre obviously responsible for your own maintenance costs, which can rack up thousands of dollars of debt. This material does not amend, or otherwise affect, the provisions or coverages of any insurance policy or bond issued by Travelers. The Good News. Explore the six cost trends that are contributing to the rising cost of equipment breakdown insurance coverage. Utility companies will very rarely take the blame, it is usually up to the customer to front the bill. 0000002521 00000 n * Retrieve a saved quote Find an Agent Coronavirus Update We are taking steps to serve our customers, agents and employees as this situation develops. 0000011707 00000 n Buried Utility (BU) Coverage is an endorsement for homeowners insurance that covers underground utility lines. Non-destructive examination and testing are the most cost-effective tools in controlling unplanned outages. #travelershomeprotection I feel like there are probably a ton of exclusions that keep that from ever paying out. With the current reality of more employees working from home through the pandemic, is your business ready for all the implications? The Travelers Indemnity Company and its property casualty affiliates. We specialize in public entity business and maintain industry-specific expertise to help remove the uncertainty of risk unique to public entities. 0000014493 00000 n 0000095800 00000 n We are actively monitoring developments related to COVID-19 and adapting our practices to support the needs of our customers, brokers, employees and communities. Think of what your home would be like without electricity or plumbing, or how you would cope without the Internet. Availability of coverage referenced in this document can depend on underwriting qualifications and state regulations. Also referred to as "off-premises power coverage." 14 0 obj Unlike the utility companies, that's the annual total, not the amount per line. Travelers Umbrella Insurance $41.00 Total Premium: $5331.66/year . This endorsement only covers costs associated with damage to lines . 0000024297 00000 n Its service plans are on average $5 per. <> endstream Bellied, or sunken, pipes Blockages Broken pipes Deteriorated, or corroded, pipes Leaking joints or seals Sump pump failure Tree root infiltration Many of these issues develop over time, which is why a standard homeowner's policy designed to handle sudden, unpreventable disasters does not cover them. For a low monthly charge, service line coverage will shield you from large bills for excavating and fixing service lines. Understanding the risks and proactively mitigating them is critical to a contractor's ability to succeed in a changing market. trailer <]/Prev 148253/XRefStm 1415>> startxref 0 %%EOF 894 0 obj <>stream 0000010275 00000 n Flood, Ground Water and Buried Utility Line coverages will now be available to be added to your policy. Service line coverage is one of the best value coverage endorsements, costing as little as $30 annually for $10,000 in coverage. If you have a well, the coverage typically runs from your home's outer wall to your well casing. As more and more homes are outfitted with the latest technology and sophisticated equipment, our clients see a growing need to offer equipment breakdown products that respond to exclusions in off-the-shelf homeowners policies, such as HO2 and HO3. To keep businesses moving forward, Travelers offers EnergyMax 21 - a comprehensive package of specific coverages for nearly every equipment loss scenario. Buried Utility (BU) Coverage, or sometimes known as Service Line Coverage, is an endorsement available to homeowners that covers underground utility lineslike water, sewage or gas linesas well as underground wires like electrical cable, or power lines, on your premises. Protecting Your Home from Storm Water Damage, Flood, Ground Water and Buried Utility Lines Coverage. 0000011819 00000 n 0000006579 00000 n Even weather-related damage from freezing or frost heave and thaw is part of the policy. From protecting equipment to keeping trucks on the road and workers on the job, manufacturers require custom solutions. The Travelers Indemnity Company and its property casualty affiliates. 0000035214 00000 n Contact your local independent agent for full details on coverages and discounts. Travelers USAA What is equipment breakdown coverage? As more and more homes are outfitted with the latest technology and sophisticated equipment, our clients see a growing need to offer equipment breakdown products that respond to exclusions in off-the-shelf homeowners policies, such as HO2 and HO3. Buried Utility Line Coverage. The below image from Travelers Insurance is a helpful diagram of all of the various lines that homeowners have responsibility for. Coverage varies from policy to policy, but you'll generally be covered for mechanical or electrical damage to your: Refrigerator or freezer Washer or dryer Computer All rights reserved. Travelers provides a network of contracted service companies that specialize in non-destructive examination and testing technologies, including: Selecting the right driver is good for business. This coverage Broad coverage to protect contractors against professional and pollution liability risks resulting from professional acts, errors or omissions. For additional information and for any customer service needs, call 866-366-4357. hbbd``b`Gf L?A `q?X~ u WHe=JL &30 X0A The company's diverse business lines offer its global customers a wide range of coverage in both the personal and commercial settings, including automobile, homeowners, construction, small Equipment Breakdown Coverage for Homeowners. Electric, telephone, internet and cable wires. 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