Homeowners insurance only covers damage done to an air-conditioning unit as a result of a “covered peril” listed in your homeowners policy. Depending on the type, an AC unit is part of the structure of your home or personal property, so you will be able to file a claim for damage from specific causes, per your policy.
- When Does Homeowners Insurance Cover AC Units?
- When Isn’t Your AC Covered by a Homeowners Insurance Policy?
- How to File a Claim
Home insurance covers air conditioning equipment and heat pumps to the same extent the rest of your home is covered. Damage caused by fires, falling trees, vandalism, lightning strikes and sometimes flooding are all covered in standard homeowners policies. On the other hand, normal wear and tear or accidental damage is not. So if your AC simply breaks after 10 years of use, then you won’t be reimbursed for repair or replacement.
In the event fire destroys your air conditioner, your homeowners insurance policy will cover the repairs or replacement. Typically, if lightning strikes your AC unit—damaging its electrical components—your home insurance policy will pay to replace it.
Homes, business establishments, and industrial facilities alike rely on HVAC contractors and technicians when they want a properly designed and installed heating, ventilation, air conditioning, and refrigeration system.
However, as an HVAC professional, you are also exposed to a number of risks. At Skyscraper insurance, we are aware of the fact that you need a reliable insurance policy that will help keep your livelihood secure. We’ve helped many other professionals from your sector, so you can bank on us to provide you with the same kind of protection that they have been enjoying for years.