Homeowners insurance policies have a standard exclusion for mechanical breakdown.

Your homeowners policy is not a maintenance policy or a home warranty policy.

To fill the gap in protection, you can purchase an equipment breakdown endorsement.

What is covered?

  • Washers and dryers
  • Air conditioning units
  • Swimming pool equipment
  • Televisions
  • Computers
  • Refrigerators and freezers
  • Ovens and microwaves
  • Garbage disposals
  • Heat pumps
  • Electrical circuit panels
  • Home Alarm systems
  • Water heaters

Coverage applies even if improper installation, human error or lack of maintenance.

No age restriction for equipment.

Ok if product warranty has expired.

You can select the contractor/repairer of your choice

 

What is not covered?

Wear and tear of equipment which is still operable but just doesn’t work as well as it used to.

 

How much does is cost?

$25 per year

 

What is the deductible?

$500 per occurrence

 

If you would like to either add equipment breakdown to your current policy or get a quote with an insurance company that offers the equipment breakdown endorsement if your current company does not,  

just email us at contact@fmagencygroup.com or give me a call at 504.348.3131 or complete the form below.

Thanks

Tim D’Angelo

 

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