Very nice job Myteemouse! I had read about the redundant float switch but forgot about it when I built mine. I have a second float switch and that unused hole.
Thanks for the reminder.
For anyone wondering how to put the second one in, like Myteemouse said, it gets wired in series with the first one. The float needs to be removed and then be reinstalled upside down. That will convert the float switch from "normally open" to "normally closed". If the water level rises up to the upper switch and the bottom one sticks closed, the upper switch will shut down the pump and prevent a flood.