By Sheba R Wheeler The Denver Post Made public : Sat. , October twenty-four, 2009 at eight hundred am.
But how would that nest egg handle a $10,000 hit? Particularly when a home is fifty years old or more, housing professionals urge owners to typically check and maintain these critical internal systems. That inspection disclosed a crack in a pipe close to the foundation and many small cracks in another pipe that runs through her yard. Most insurance plans cover water damage but not the price of replacing a pipe, according to Elizabeth Wheeler of Denvers Old House Society. Her insurance policy covered the price of replacing the first wood floor in her basement, but not the $8,400 it cost to patch up the water line.