Does Homeowners Insurance Cover HVAC Units?


Does Homeowners Insurance Cover HVAC Units?

Home and money bags balancing on scale

Homeownership has its ups and downs. Sometimes you have to dig deep into your pocket to repair or replace a damaged appliance. Before freezing during winter or sweating during summer due to a damaged HVAC system, it is imperative to check what your homeowners' insurance policy covers. The standard homeowner's insurance coverage can compensate a homeowner if the HVAC system is damaged by fire. However, if the system stops functioning due to accidents or the typical wear and tear, an insurer can rarely accept liability.

When Does Homeowner's Insurance Cover the HVAC Unit?

The standard homeowner's insurance coverage protects property and its contents from numerous types of perils and disasters. In most cases, these units are covered if they are damaged by fire, strong winds, or theft. If your HVAC system's electrical components are damaged by lighting, your homeowner's insurance could cover the damages.

When Are HVAC Units Not Covered by Homeowner's Insurance?

It is prudent to note that a general homeowner's insurance doesn't cover damages to the HVAC unit due to poor maintenance or the normal tear and wear. Likewise, if you cause physical damage to your HVAC system, you are not entitled to compensation. To have your HVAC unit properly maintained, contact Cahill Heating for maintenance.  In short, any event that is not well detailed in your insurance policy means you have to pay for repairs or replacement. Additionally, damages resulting from floods and earthquakes are excluded in the insurance policy.

How to File A Claim Form?

Before filing a claim form, you are required to collect essential information regarding your unit, some critical information to note is your units' model, date of manufacture, and serial number. Your insurer will let you know whether your policy covers the damages on your unit. If your policy covers the damages, the insurance company will send an adjuster to evaluate the damages and estimate the cost of repairing or replacing the HVAC unit. Accompany the adjuster to the unit to make sure they don't overlook anything during the assessment. When was the last time you maintained your HVAC unit? If you don’t remember, we highly advise you to contact our HVAC specialists to schedule HVAC maintenance today! If you have more questions regarding your homeowners insurance, contact your insurer about your policy.

Have any questions regarding one of our articles? Contact Cahill Heating, Air Conditioning, & Electric at (847) 367-4492 or use our online form to schedule your next appointment!