We are continuing to build on our renters insurance offering powered by MSI to bring you and your residents even better protection.
Water backup coverage is one of the most requested additional coverages nationwide. That's why we are now including water backup coverage by default for all policies as beginning late May and early June 2020.
- Note: Water backup coverage is optional in Maryland in accordance with state regulations.
The increased coverage will have a very small impact on the premium cost for residents, increasing only $1 a month in all states except north carolina and florida which will increase around $2 a month.
What is water backup coverage for?
- Damages caused by a drain, sewer, or sump backing up.
- Water backup protection covers personal property losses up to $5,000*.
*In MD, Water backup protection covers personal property losses up to the set personal property coverage limit and emergency living expenses up to 20% of that limit
*In AK Water backup protection covers personal property losses up to $2,500.”
*The following States are subject to a $250 deductible: AZ, CA, CO, CT, FL, GA, IL, KY, LA, ME, MD, MA, MI, MN, MT, NJ, OH, OK, OR, PA, TN, UT, VT, and VA
States that are not listed above will have no explicit deductible.