What Does Homeowners Insurance Cover?
April 5, 2024
These days, we find ourselves searching for great customizable insurance options. Perhaps building your computer’s system, picking out a band for your fitness tracker, or deciding if you want a duplexing printer (it’s extra), customizing your purchases to make them fit your needs better reigns excellence.
Why would your protection be any different? When it comes to one of your largest purchases of all (yes your home), why wouldn’t you want to customize your insurance coverage options?
HDA Insurance Brokerage, together with partner carriers, allows you to customize your coverage by offering optional breakdown protection insurance. With this added coverage, you can expand your home’s insurance coverage to include sudden or accidental failure of electrical and mechanical systems – those built into the home and others purchased later.
Some examples include:
- HVAC
- Major appliances
- Electrical panel
- Electronics such as your TV
- Pool equipment
- Well or sump pump
Whether it’s the repair or replacement of a refrigerator; or perhaps your HVAC system, if the loss or damage is due to mechanical or electrical failure, equipment breakdown coverage has your back. But only it is an available and selected option on your policy before bad luck strikes.
You may be concerned about adding something to your policy thereby gouging you on the additional premium. Not always! This coverage is a very affordable way to protect your home’s mechanical systems and appliances which can be nightmarishly costly to repair out of pocket. In most states, the endorsement typically adds about $35 to the annual premium – that’s way less than the cost of a home warranty or investing in separate manufacturer warranties for your appliances.
It all comes down to being prepared and taking a moment to inquire about the possibility of adding the endorsement and customize the perfect coverage for your home so you can curb your worries. It’s easy when you choose breakdown protection insurance!
Whether you’re looking to buy, sell or refinance your home, HDA Insurance Brokerage is available to insure your new property; whether an owner-occupied home or a tenant-occupied rental unit. You may obtain a FREE Home Insurance Quote Online when you’re ready.
