Personal Insurance - Equipment Breakdown

<< RETURN HOME

Did you know? 46% of all equipment breakdown losses are electrical in nature, 38% are mechanical, and 16% are losses to pressure equipment. These losses are typically excluded under your homeowner policy.

Westfield offers an affordable alternative to costly product and home warranty plans - Equipment Breakdown coverage through your Wespak Estate policy.

Equipment breakdown is included in the Wespak Estate policy and can be added as an option to other home insurance policies.

Equipment Breakdown Loss Examples

A domestic water 230-volt deep well pump short-circuited to ground. Upon being pulled from the well to determine its condition, it was concluded that cost to repair the motor was greater than the cost of replacement.
Cost of Replacement: $1,850
Loss of Use: $186

A power surge caused by the electric utility resulted in arcing damage to the electronic components of a panel television and electric motor of an air conditioning system. Replacement and repairs required service by separate technicians.
Cost of Repairs: $3,750

A personal computer (PC) used to control multiple systems (HVAC, lighting and irrigation) within the home sustained electrical damage from a power surge. Replacement of the computer and the unique programming was required.
Property Damage: $2,975

An air conditioning system suffered an ice buildup in the evaporator due to a cracked compression fitting. The ice plugged the condensate drain causing water to flow into the control cabinet, short-circuiting the solid state controls for the air conditioning system and furnace.
Cost to Repair: $2,800

Systems and Appliances Subject to Equipment Breakdown:

TThe modern home contains many expensive systems and appliances subject to equipment breakdown. These include:

Clothes washers and dryers
Computer and peripheral equipment
Dishwashers
Freezer units
Garbage disposals
Heat pumps
High-efficiency home heating and central A/C systems
High-energy electrical service panels
Home security systems
Kitchen refrigerators
Lighting and home environment monitoring
Microwaves
Ovens
Sump pumps
Surround sound systems
Swimming pool equipment
Televisions/Plasma/LCD
Water heaters
Well water pumps

Even items typically considered disposable, such as garage door openers, exhaust/ceiling fans, DVD players and much more, could benefit from this coverage in the event of an electrical power surge.

If it uses electricity, it is most likely subject to equipment breakdown. Often this equipment requires sophisticated diagnostic tools and skilled technicians to oversee a potential repair. equipment breakdown coverage protects you against unexpected repair or replacement costs due to a mechanical, electrical or pressurized systems Breakdown. And, this additional coverage follows the terms and conditions of your insurance policy.