Equipment Breakdown & Service Line Coverage

Did you know there are two very affordable extended coverage options for your home insurance? Equipment Breakdown and Service Line endorsements offer additional protection to the appliances, systems and utilities in and around your home. These options are at a much lower cost and cover a wider range than home warranties and additions to your home policy.

What is equipment breakdown?

This coverage protects the electrical, mechanical or pressure systems against unexpected repair or replacement. This may include: Clothes washers & dryers, computer equipment, sump and well water pumps, HVAC and Central A/C systems.

Examples of equipment breakdown insurance

A storm caused a power outage and with it damaged your computer and other electrical equipment in your home. Replacement or repair of the damaged products may be covered only up the amount provided by the policy.

Is equipment breakdown insurance worth it?

Essentially this is extending the existing coverage your home insurance offers. The difference is the type of event and the damage inflicted. Depending on your home set up and the items you want to be covered, you’ll want to have a discussion with your agent to make sure the equipment breakdown option offered by your home policy will protect you. Not every carrier offers this coverage or some of the items you may want the extra coverage for. Also, equipment breakdown coverage offers much more protection at a much lower cost than a home warranty.

What about service line coverage?

Service line coverage will extend your existing homeowners’ policy to the underground piping or wiring that connects a home to a public utility or private system. Damage could be caused by: collapse, but not including sinkhole or subsidence collapse, electrical and mechanical or pressure systems breakdown, rust or other corrosion, decay, deterioration, hidden or latent defect.

Example of service line coverage

A tree root grows into a sewer pipe on your property causing a leak, service line coverage would cover the work required to locate and replace the damaged piping. You would be responsible for the deductible then the coverage would cover up to the limit of the policy.

Is service line insurance worth it?

The largest benefit of this coverage is the total cost of these types of repairs. If a sewer line is damaged, it may take a contractor several hours to locate, plus the cost of equipment rental and excavation. There are rarely problems with the service lines coming into our homes, but when there is an issue it disrupts everything in addition to the cost of repair. Often these policies are extremely affordable, many lower than $50 annually.

Next Steps

Both coverages (service line and equipment breakdown) are extension of your current home policy. However, not every carrier offers these endorsements, so be sure to discuss them with your agent.

Take a quick look around your home and note what items would carry a high expense of repair or replacement should an issue arise. Do you have high-end appliances that would be difficult to replace if a power surge damaged them? If a tree or vehicle damaged your service lines, could you afford to excavate and repair? Contact your Aitken & Ormond Agent to discuss your options and we can work together to find the best fit at the right price.

The above description provides a brief overview of the terms and phrases used within the insurance industry. These definitions are not applicable in all states or for all insurance and financial products. This is not an insurance contract. Other terms, conditions and exclusions apply. Please read your official policy for full details about coverages. These definitions do not alter or modify the terms of any insurance contract. If there is any conflict between these definitions and the provisions of the applicable insurance policy, the terms of the policy control.

Request Your Proposal Here

Are you ready to save time, aggravation, and money? The team at Aitken Ormond Insurance is here and ready to make the process as painless as possible. We look forward to meeting you!

Insurance coverage cannot be bound or changed via submission of any online form/application provided on this site or otherwise. No binder, insurance policy, change, addition, and/or deletion to insurance coverage goes into effect unless and until confirmed directly by a licensed agent.