Well Pump
30 Day Money Back Guarantee
Why choose this plan:
- $1,500 annual benefit amount
- Multiple service calls up to annual benefit
- One-year guarantee on all covered repairs
- $75 deductible
What's covered
- Well pump
People rely daily on their Well Pump to work properly. When breakdowns happen, repairs can cost hundreds of dollars.
That’s why real estate professionals suggest homeowners be prepared with a Well Pump Plan from HomeServe Home Warranty. And being prepared with a home warranty for your well pump can help ease your clients’ worry and financial strain that come from unexpected breakdowns.
Many people do not know that basic homeowners' insurance typically covers things like property damage to the home, but not damage due to normal wear and tear to the Well Pump. Sometimes a failure is almost impossible to predict. If not prepared, the homeowner may be faced with a hefty expense if a breakdown occurs and replacement is needed.
Overview
Homeowners don't usually expect a breakdown of their well pump. When there's a failure, it can be a huge inconvenience and could bring about a big expense.
Eligible homeowners can select a Well Pump Plan from HomeServe Home Warranty, which provides up to $1500 in annual coverage. This optional coverage can help protect one from the costs and damages of unexpected well pump emergencies.
Important coverage information
Eligible
- An owner of a residential single structure, or a unit within a structure, that is: 5,000 sq. ft or less; not intended to be moved; and not used for commercial purposes may be eligible. An owner of a single residential structure with multiple units must provide the unit address for each service agreement
Not Eligible
- Well pumps covered by a homeowners' or like association or not installed per manufacturer specifications are not eligible. You are not eligible if you know of any problems with your well pump prior to enrollment
Exclusions
- Pressure tanks; storage tanks; and damage from accidents, negligence or otherwise caused by you, others or unusual circumstances. Additional exclusions apply.
Eligibility: An owner of a residential single structure, or a unit within a structure, that is: 5,000 sq. ft or less; not intended to be moved; and not used for commercial purposes may be eligible. An owner of a single residential structure with multiple units must provide the unit address for each service agreement. Well pumps covered by a homeownersâ?? or like association or not installed per manufacturer specifications are not eligible. You are not eligible if you know of any problems with your well pump prior to enrollment.
Benefit Details: Coverage provides, up to the annual benefit amount of $1,500, for covered repair or replacement of all parts of your well pump, for which you have sole responsibility, that are failing to perform their fundamental operations due to normal wear and tear (including rust, corrosion, sedimentary or mineral deposits), not accident or negligence. There is a $75 fee per service call.
Not covered: pressure tanks; storage tanks; and damage from accidents, negligence or otherwise caused by you, others or unusual circumstances. Additional exclusions apply. Disputes resolved by arbitration, without class action or jury trial, unless otherwise stated in your full Terms and Conditions.
Making a Service Call: Your plan starts the day your enrollment is processed, and you can make a service call immediately. There is a $75 fee per service call.
Cancellations: Cancel any time by calling HomeServe. If you cancel within 30 days of your start date, you will get a full refund (less claims paid or tune-ups provided, where applicable). Cancellations after the first 30 days will be effective at the end of the then-current billing month, and you will get a pro-rata refund (less claims paid or tune-ups provided, where applicable).
Renewal: The plan is annual and will not renew at the end of term.
Benefit Details: Coverage provides, up to the annual benefit amount of $1,500, for covered repair or replacement of all parts of your well pump, for which you have sole responsibility, that are failing to perform their fundamental operations due to normal wear and tear (including rust, corrosion, sedimentary or mineral deposits), not accident or negligence. There is a $75 fee per service call.
Not covered: pressure tanks; storage tanks; and damage from accidents, negligence or otherwise caused by you, others or unusual circumstances. Additional exclusions apply. Disputes resolved by arbitration, without class action or jury trial, unless otherwise stated in your full Terms and Conditions.
Making a Service Call: Your plan starts the day your enrollment is processed, and you can make a service call immediately. There is a $75 fee per service call.
Cancellations: Cancel any time by calling HomeServe. If you cancel within 30 days of your start date, you will get a full refund (less claims paid or tune-ups provided, where applicable). Cancellations after the first 30 days will be effective at the end of the then-current billing month, and you will get a pro-rata refund (less claims paid or tune-ups provided, where applicable).
Renewal: The plan is annual and will not renew at the end of term.
Frequently asked questions
What is the cancellation policy?
Cancel any time by calling HomeServe. If you cancel within 30 days of your start date, you will get a full refund (less claims paid or tune-ups provided, where applicable). Cancellations after the first 30 days will be effective at the end of the then-current billing month, and you will get a pro-rata refund (less claims paid or tune-ups provided, where applicable).
Who is HomeServe?
HomeServe is an independent provider of home repair service solutions. For over a decade, plans from HomeServe have protected homeowners against the expense and inconvenience of water, sewer, electrical, heating, cooling and other home emergencies by providing affordable coverage, and a quality service. HomeServe - a Better Business Bureau Accredited Business - serves over four million homeowners in the U.S. and Canada, and dedicates itself to being a customer-focused company offering best-in-class emergency repair plans through leading utility partners and directly to consumers.
Does homeowners insurance cover this?
When working with your real estate clients, you will find that the majority believe their utility companies or homeowners insurance is responsible for emergency repairs to the water, sewer, plumbing, electrical, heating and cooling systems, but the reality is that in many cases your client, the homeowner, are responsible. Most basic homeowners insurance policies and local utility companies or municipalities do not cover repairs to or replacement of the major systems in and around your client's home.
What quality of repair can my client expect?
Local, licensed and insured technicians perform covered repairs for your client's homes, which are guaranteed against defects in materials and workmanship for one year.