Exact same thing happened to us a couple weeks ago. The well guy’s truck had a fitting that could grab and pull out the pump. It looked like a very specific piece of equipment. FWIW prior owner here was a DIY guy and did the pump, or some kind of well work, himself. He ended up contaminating the well so it didn’t pass inspection. We had to have the well sanitized and re-tested when we moved in, which was inconvenient and not exactly cheap. I’d leave this one to the pros.
Not entirely true..... I have a "lakeside living" clause added to my policy that not only insures damage from weather (typically ice here) but also covers well failure. And, IIRC, there may be coverage for septic failure also....not sure. Quite a few residents had ice damage from ice last spring resulting in total destruction. A basic dock system that decking can be removed and frame raised start at $10K!! Lots of the docks have boat/pontoon lifts attached to them. Thank goodness they had the added insurance (which BTW, is no longer offered). Makes that 2700 look like chump change
If lightning took out the well pump then yes, my insurance would cover it, but not when it's wear and tear from being 30: years old.
I've pulled some 400' wells (poly pipe) the hard way (with help of course) and I would NOT try a 200ft pull of galvi by myself without special equipment. My last home (in NY) needed the well pump replaced in 2016(ish), was about $2,100 for a 250ft pull, new wiring, reused the poly, went back with a 1 HP pump (replaced a 1/2HP). Guys showed up at 8am and were done by 10:30. Galvi pipe would have slowed things down a bit. Did you go back with the galvi or convert to poly? New wiring too?
Maint tip: If you have an amp clamp for a multi-meter or something similar, take readings on your pump motor every 6 months or so. Write the readings down somewhere, and if you start to see them rise more than about 10% above the baseline, figure that motor is on borrowed time.
Need to record the voltage too...volts down means amps up, so a high amp reading might just mean a supply voltage issue.
PVC, schedule 80 with the built in make and female threads, AKA, no glue to fail. New wiring, same style 3/4 hp pump.
My electric bill dropped massively since replacing the pump. Obviously it dropped a lot with no pump running at all, but even with the new pump it's almost no difference from when there was no pump.