A letter urging homeowners to purchase exterior water line protection is showing up again in mailboxes around the Susquehanna Valley.A viewer named Kim writes; we received the attached letter in the mail about outside water lines. This is the second one we have received.Is this a scam?Well, we won’t call this letter a scam, but it’s easy to call it a waste of money.What you need to know is homeowners are responsible for the water line on their property. The shut-off valve is on your property – usually near your front sidewalk.Anything between that valve and your home is your responsibility, but the water line very seldom fails.Our research involving several local municipalities shows those private water lines fail less than 0.1% of the time.A few years ago, the Lancaster Bureau of Water told News 8 that only 10 property owners in their entire system of 140,000 customers had to pay to replace water lines – and that was over five years.These policies cost no more than five dollars per month, but if you examine the terms and conditions of these protection programs, the list of items that are not covered is extensive.In some cases, your homeowner’s insurance policy may already provide coverage for the water line on your property.That’s why we label this a waste of money.
A letter urging homeowners to purchase exterior water line protection is showing up again in mailboxes around the Susquehanna Valley.
A viewer named Kim writes; we received the attached letter in the mail about outside water lines. This is the second one we have received.
Is this a scam?
Well, we won’t call this letter a scam, but it’s easy to call it a waste of money.
What you need to know is homeowners are responsible for the water line on their property. The shut-off valve is on your property – usually near your front sidewalk.
Anything between that valve and your home is your responsibility, but the water line very seldom fails.
Our research involving several local municipalities shows those private water lines fail less than 0.1% of the time.
A few years ago, the Lancaster Bureau of Water told News 8 that only 10 property owners in their entire system of 140,000 customers had to pay to replace water lines – and that was over five years.
These policies cost no more than five dollars per month, but if you examine the terms and conditions of these protection programs, the list of items that are not covered is extensive.
In some cases, your homeowner’s insurance policy may already provide coverage for the water line on your property.
That’s why we label this a waste of money.
Read More:Letters urging homeowners to purchase exterior water line protection showing up in mailboxes
2024-05-13 22:26:00
