Equipment Breakdown Coverage
Equipment Breakdown coverage is a simple add-on coverage that fills the gaps in your homeowners insurance policy. Most homeowners insurance policies don’t cover the cost of repairing or replacing essential equipment in your home when it breaks down, but with Equipment Breakdown coverage you can rest easy.
Equipment Breakdown coverage protects you against unexpected repair or replacement costs due to an electrical, mechanical, or pressure systems breakdown. Here are just a few of the items that are commonly subject to equipment breakdown:
- HVAC Systems
- Refrigerators
- Ovens
- Washers and Dryers
- Dishwashers
- Freezers
- Televisions
- Well Water Pumps
- Plus Many More…
As well as some of the coverages included in the endorsement:
- Off Premises Coverage
- Green Upgrade Coverage
- Expedited Expense Coverage
- Spoilage Coverage
This optional policy addition is available to enhance the coverage afforded by your existing policy. Equipment Breakdown coverage is subject to a deductible and can be added to your policy for a yearly premium (varies by coverage amount and policy form.) To add Equipment Breakdown coverage to your policy, or if you have questions pertaining to the coverage, please contact your Farm Bureau Insurance agent for more information.
