Definition
This endorsement covers repairs or replacement when major home systems malfunction. It covers both the repair cost and temporary housing if the home becomes uninhabitable.
Not sure where this fits?
Answer a few questions and we’ll open the path that fits, at the right step.
Find my pathAbout this term
Equipment breakdown coverage pays for repairs or replacement of major systems that malfunction or fail mechanically. This includes HVAC systems, water heaters, electrical systems, and appliances. It covers both the cost of repair and additional living expenses if the system failure makes the home uninhabitable. Coverage doesn't apply to normal wear and tear or maintenance-related failures. This endorsement costs $100-300 annually and provides valuable protection on aging systems.
Pro Tip
Add equipment breakdown coverage on homes with aging systems over 10 years old.
Example
Equipment breakdown coverage paid $8,000 to replace an HVAC system that failed after 15 years of service.