Shopping for HVAC Insurance? Here’s What to Look For.

Shopping for HVAC Insurance? Here’s What to Look For.

Your HVAC system is among the more expensive pieces of equipment in your home or business. Having insurance can provide you with some financial compensation if your HVAC system is damaged under certain circumstances. Read on to learn more about what to keep in mind if you’ve been looking around for HVAC insurance.

HVAC Coverage with Homeowners Insurance

Does your homeowners insurance cover damage to your HVAC system? This depends on the details of your homeowners insurance policy. In many cases, these insurance policies cover damage that occurs due to storms or accidents, such as having a tree fall on your HVAC system. Keep in mind that these policies usually don’t cover normal wear and tear that causes your HVAC system to stop working properly. This makes routine HVAC maintenance an important part of extending your system’s life span.

HVAC Coverage for Owners of Commercial Property

When you own a commercial building, it’s important to make sure you’ll have coverage if something happens to your HVAC system. Commercial HVAC systems are typically more complex than residential ones, and they tend to work harder at heating and cooling building interiors. Equipment-breakdown insurance, or boiler and machinery insurance, can provide you with a way to get reimbursed for the cost of repairing or replacing damaged components or equipment.

Keep in mind that commercial property insurance usually doesn’t include damage to business equipment, including HVAC equipment. To make sure you’re covered in case your heating and cooling equipment breaks down, you’ll need to add this type of insurance to your policy. The amount you’ll need will depend on a number of factors, such as the value of your HVAC equipment, the condition it’s in, and its age.

If you need to schedule maintenance for your HVAC system to keep it in good shape, please contact Powers Heating and Air today. We provide residential and commercial HVAC services in Peachtree City.

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