Understanding Equipment Breakdown Coverage

Edison Insurance is happy to now be offering Equipment Breakdown Coverage for our policyholders. To help you better understand what this new coverage option is all about, we are breaking down what it is, what it covers, and important things to know when obtaining Equipment Breakdown Coverage.


About Equipment Breakdown Coverage

Equipment Breakdown coverage is additional coverage available to policyholders which protects against an accidental direct physical loss to “covered property ”located at the “residence premises” which is caused by an “equipment breakdown” to items such as:


·        Central AC

·        Household Appliances

·        Computer Equipment

·        Emergency Generator

·        Personal Electronics

·        Water Heater

·        Security Systems

·        Well Pumps


Overall, Equipment Breakdown Coverage provides coverage against sudden and accidental losses to your home’s equipment outside of normal wear and deterioration.


The Cost and Restrictions

The Equipment Breakdown Coverage alone is offered at $50 per year. (The Service Line Coverage may be added for an additional $30 per year for a total of $80 per year.) Equipment Breakdown Coverage has a coverage limit of $100,000 per occurrence with a $500 deductible.


There are no restrictions on the age of equipment or use of life restrictions with additional coverage for major home appliances. However, there are a few coverage exclusions to be mindful of. This coverage will not cover damage to septic systems, water wells, heating and cooling systems, or irrigation systems.


This is not an appliance maintenance policy, therefore regular equipment age-related wear, deterioration, or corrosion is not covered. However, if wear and deterioration cause the covered equipment to have an “equipment breakdown”, this damage may be covered.


What to Know When Obtaining This Coverage

Coverage may be added to an existing policy at any time with agent assistance. The coverage kicks in when covered equipment is damaged and necessitates repair or replacement. Covered perils include: mechanical breakdown, electrical breakdown, and pressure system breakdown.


We also allow policyholders to use their own equipment and service line repair provider/contractor, unlike a home service or appliance maintenance plan.


Note: additional Service Line Coverage may be added for an additional $30 per year for a total of $80 per year. Service Line Coverage is not offered separately and can only be added with the Equipment Breakdown Coverage and is only offered in homeowners HO3 policies.


Get Equipment Breakdown Coverage Today!

Call your agent to help you add any additional coverage to your policy. Ask them about our complete and comprehensive coverage options with the addition of our Equipment Breakdown and Service Line coverage today. Preparing for life’s unexpected home events has just gotten easier. To become an Edison policyholder click here to get a quote or call us at 866-568-8922, Option 1.

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