Equipment Breakdown Coverage for Homeowners

What Is Equipment Breakdown Coverage for Homeowners?

what is equipment breakdown coverage homeownersHaving equipment breakdown coverage with your homeowners insurance is smart. It provides additional protection for common home appliances, furnaces and HVAC systems in case of mechanical or electrical breakdown. It also helps cover the cost to speed up repair or replacement of damaged property. But keep in mind that equipment breakdown insurance doesn’t cover normal wear and tear.
 
With the AARP® Homeowners Insurance Program from The Hartford,1 you can add this coverage to your iniciocondoarrendatarios insurance policy.
 

What Does Equipment Breakdown Insurance Cover?

Equipment breakdown coverage protects you from equipment breakdowns in your home. For instance, if your appliances, furnace or HVAC system have a mechanical or electrical breakdown, your coverage would kick in. It can also help cover boilers and pressure system breakdowns.
 

Examples of Equipment Breakdown Coverage for Homeowners

equipment breakdown coverage homeownersAs long as it’s a result of a mechanical or electrical breakdown, your equipment breakdown coverage can help cover the cost to repair or replace a range of devices in your home, like your:
 
  • Calefacción
  • Air conditioning systems
  • Refrigeradores
  • Riding lawn mower
  • Home security systems
  • Calentador de Agua
In addition to the repair or replacement costs, this insurance helps with covering losses like food or beverage spoilage. It also helps cover damage from power surges after electricity turns back on.
 
Still asking yourself what does homeowners insurance cover? Puede conocer más sobre homeowners insurance coverage by getting a quote today.
 

Is Homeowners Equipment Breakdown Coverage Right for Me?

do i need equipment breakdown coverageThis coverage is an inexpensive way to protect your home’s mechanical systems and appliances, which can be costly to repair out of pocket. With this additional coverage, all you’ll have to pay is your deductible and we’ll cover the rest of the cost to repair or replace your items.
 
Keep in mind that insurance coverage availability varies by state and is optional for an extra premium.
 
Equipment breakdown coverage can also provide coverage if you want to make “green” upgrades. This helps pay up to 125% of your cost to replace any covered equipment with items that are similar, but more energy efficient or environmentally friendly.
 
If you’re still asking yourself how much homeowners insurance do I need? Learn more by getting a home insurance quote from us today.
 
If you're a small business owner, you can also add equipment breakdown coverage to your existing Business Owner's Policy to protect your business from unexpected equipment breakdown.
 

Homeowners Equipment Breakdown Coverage Costs

Equipment breakdown coverage is generally an inexpensive home insurance endorsement you can add to your policy for around $25-$50 per year. Plus, if you’re 50 or older, you’ll be eligible for special home insurance discounts by using your AARP membership.
 

How Is Equipment Breakdown Insurance Different From Home Warranties?

Home warranties are different from equipment breakdown insurance in terms of how they are purchased, what they cover and how much they typically cost.
 
While equipment breakdown coverage is an endorsement to your homeowners insurance policy, a home warranty is a standalone service contract that must be purchased from a separate company. Home warranties cover normal wear and tear whereas equipment breakdown coverage protects from sudden electrical and mechanical breakdowns.
 
A home warranty is typically more expensive than equipment breakdown coverage, usually costing $300-$600 per year. Home warranties are also subject to additional costs like service fees to pay service providers when they come to your home to inspect or repair an appliance.
    

Averías de equipos

This video will help you learn how beneficial equipment breakdown insurance can be.
 
We’re here to help you get the coverage you need. To learn more about home insurance rates and savings, call our representatives at 888-413-8970 or get your home insurance quote with us online.
 
 
Última actualización: 6 de septiembre de 2022
Video de averías de equipos

Averías de equipos

¿Qué es exactamente una avería de equipos? ¡Mire este video para conocer sobre esta útil incorporación a su póliza!
Los resúmenes de las coberturas y las características de las pólizas son únicamente para fines informativos. En caso de que se produzca una pérdida, los términos y condiciones reales establecidos en su póliza determinarán su cobertura.
 
AARP y sus afiliadas no son aseguradoras. Endoso pagado. The Hartford paga regalías a AARP por el uso de su propiedad intelectual. Estos cargos se utilizan para los fines generales de AARP. En la mayoría de los estados, es necesario ser miembro de AARP para ser elegible para participar en el Programa.
 
El programa de seguros para automóviles de AARP de The Hartford está respaldado por Hartford Fire Insurance Company y sus afiliados, One Hartford Plaza, Hartford, CT 06155. Está avalado en AZ, MI y MN por Hartford Insurance Company of the Southeast; en CA por Hartford Underwriters Insurance Company; en WA por Hartford Casualty Insurance Company; en MA por Trumbull Insurance Company; y en PA por Nutmeg Insurance Company y Twin City Fire Insurance Company. El programa de seguros para viviendas de AARP de he Hartford está respaldado por Hartford Fire Insurance Company y sus afiliados, One Hartford Plaza, Hartford, CT 06155. Está subscrito en AZ, MI y MN por Hartford Insurance Company of the Southeast; en CA por Property and Casualty Insurance Company of Hartford; en WA por Trumbull Insurance Company; en MA por Trumbull Insurance Company, Sentinel Insurance Company, Hartford Insurance Company of the Midwest, y Hartford Accident and Indemnity Company; y en PA por Nutmeg Insurance Company. El producto para viviendas no está disponible en todas las áreas, entre las que se incluye el estado de Florida. Los ahorros, los beneficios y las coberturas disponibles pueden variar y es posible que algunos solicitantes no sean elegibles. El programa no está actualmente disponible en Canadá, ni en los territorios o posesiones de Estados Unidos.
 
1 En Texas, el programa para automóviles está respaldado por Redpoint County Mutual Insurance Company a través de Hartford of the Southeast General Agency, Inc. Hartford Fire Insurance Company y sus afiliados no son responsables financieramente por los productos de seguros suscritos y emitidos por Redpoint County Mutual Insurance Company. El programa para viviendas está respaldado por Hartford Insurance Company of the Southeast.
 
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