Sump Pump Insurance Coverage
I've been going 'round with State Farm trying to get coverage in case our electricity goes out, causing our sump pump to fail, causing our (unfinished) basement to flood, causing our two furnaces, water heaters, air cleaners, etc. to be ruined.
We have two pumps: one for groundwater (We are in a low spot.) and one for ejecting water from inside the basement into the sewer.
Last month, during heavy rains, our groundwater sump failed. The groundwater came up in one pit and ran into the sewer pump pit and was ejected. We got a new sump pump installed after a few hours.
State Farm is telling me that I will be covered up to $10K (the max they allow) for damage to furnaces, etc. if I buy Sewer Backup coverage. This doesn't compute in my little brain. I'm not afraid that the sewer will back up; I'm afraid that the groundwater will flood the basement.
Any experience with this, anyone?