Outside pipe insurance

loulou41

Just got a letter from thames water about insuring my outside water pipe. It's only £18 a year. Just wondering whether it is worth taking. According to them 1 in 11 suffer from a leak or broken pipe. I have got plumbing and drains froom BG but they do not cover outside pipes. Thanks

Debt_Free_Chick

What does the insurance cover?

Does your existing building insurance already cover the same thing?

Rikki

Its insurance to cover the pipe from the water meter to the point it enters the property.

Debt_Free_Chick

Rikki wrote:

Its insurance to cover the pipe from the water meter to the point it enters the property.

OK - but what "events" does it cover? e.g. damage by vehicles driving over it? Freezing?

My guess is that your buildings insurance might cover some - or even all - of the events offered by the Thames Water policy

loulou41

Debt_Free_Chick wrote:

What does the insurance cover?

Does your existing building insurance already cover the same thing?

The insurance covers against the risk of a water supply pipe emergency created for thames warer by Homeserve. I am already paying £26+ a month for homecare 400.

Debt_Free_Chick

loulou41 wrote:

The insurance covers against the risk of a water supply pipe emergency

I think you'll need to read the small print to see exactly what a "water supply pipe emergency" is. I have to admit ... it means nothing to me and I would be sceptical that the small print excludes certain claims.

But - sorry to repeat this - I think you need to see if your existing buildings policy already includes the same cover.