Does Homeowners Insurance Cover HVAC Units?

The cost to repair or replace a damaged HVAC unit can be a little pricey. Today, not everyone has that type of money set aside for such a repair. Depending on what damaged the HVAC unit, homeowners' insurance may cover some of the costs.

HVAC Systems Fall Under Dwelling Coverage

Insurance for HVAC systems falls under the dwelling coverage of a homeowners' policy. Your home's furnace and central air conditioning units are a part of your home's structure. Dwelling coverage helps pay for repairs or replacements of parts of your home. This damage can come from sudden hazard like a fire, explosion, or damage from falling objects.

What Damage Scenarios with Homeowners' Insurance Cover?

The dwelling coverage in your homeowners' insurance may cover damage from a hailstorm. You should check with your insurer to make sure your plan covers hail damage and what your deductible is.

If a tree were to fall on your HVAC unit during a storm, your plan would most likely cover the repairs. Your insurer may pay to repair or replace it depending on the extent of the damage.

If there is a fire, your homeowners' insurance will cover the cost to repair or replace your HVAC units if needed. It is always good to review your coverage each year to understand if your insurer will or won't pay for it.

Insurance Will Not Cover Loss from Wear and Tear

A standard homeowners' insurance policy will cover damage to the home's structure. This includes damage not caused by a flood, earthquake, or routine wear and tear. If you live in a flood-prone area, you may need to also carry flood insurance. This might cover your HVAC system if water damages or destroys the unit.

Homeowners' insurance will not cover repairs or replacements if:

• Furnace or air conditioner damage because of improper maintenance
• HVAC units if they have reached the end of their useful lifespan
• Repairs for normal wear and tear, like a frozen evaporator coil, broken fan, or other repairs

Having your HVAC system maintained each year could prevent costly damage from neglect. It also makes you aware of when your system is reaching its end of life so that you can prepare for it beforehand.

Whether you need repair or a new installation, our team is always ready to help. Contact Ardmore Fresh Air for more information.