Will Homeowners Insurance Cover Furnace Replacement?
16470 POINTSview profileDavid OsgoodAgent, Rural Mutual Insurance Co., Union Grove, WIIf you have an equipment breakdown endorsement on your homeowners policy then it may less your deductible, but in most cases this would not be covered under your homeowners policy. Please read your policy completely to understand the coverage provided and any exclusions that there may be or contact your local agent to have them go over the policy with you.Answered on August 21, 2013flag this answer
37376 POINTSview profileDavid G. Pipes, CLU®, RICP®Business Development Officer, T.D. McNeil Insurance Services, Fresno, CaliforniaA homeowner’s policy is designed to compensate you in the event of damage from a listed “peril.” While the list is comprehensive, mechanical breakdown isn’t on the list. Routine maintenance, wear and tear are not routinely covered. If the furnace were damaged in a fire or when lightning struck the building then the furnace would be covered.Answered on May 22, 2014flag this answer
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