home warranty Archives - Wise Insurance Group

Home Insurance Option: Equipment Breakdown Coverage

I am occasionally asked by a new or existing client whether their home insurance policy covers an air conditioning compressor or water heater that’s going bad. In most cases, the answer is no, unless it’s caused by an event justifying a claim such as a lightning strike, a tree limb that fell on it, etc. Two home insurance carriers offer a coverage option worth considering for their policy holders called Equipment Breakdown coverage and it may provide an attractive option worth adding to your policy.

Home Insurance and Changing Coverage

Does your home insurance policy ever change? Many people may be inclined to think policies don’t change, but they do. In fact, home insurance policies change all the time. Coverage is added or removed and underwriters determine that something isn’t a risk or is a huge risk much more frequently than you know.

Home Insurance Claim or Maintenance?

A client called me two weeks ago. Their air conditioner died and they wanted to know whether or not it was covered by their home insurance policy. Given the cost of replacing an air conditioning system, I would ask the question too. The answer though, is it just depends on how they answer my next question.

Home Insurance and Gas and Water Lines

A friend of mine called me a couple of weeks ago. She and her husband recently bought their first home together in east Dallas and are remodeling it. They smelled gas and called Atmos Energy who discovered a leak in the gas line between the meter and their home. She wanted to know whether her home insurance policy covered the repair of the gas line.

Home Insurance vs. Home Warranties

Last week, I helped a family in Allen, Texas change their home and car insurance from the carrier they were with to one of the insurance companies we work with. The wife and I were reviewing what the new home insurance policy covered and she asked an excellent question: does the new policy cover the air conditioning unit? Instead of simply answering her question, I wanted to confirm what she meant by the policy covering the air conditioning unit. It turns out, she wanted to know if the home insurance policy will replace their A/C unit when it wears out.

Tag: home warranty

Home Insurance Option: Equipment Breakdown Coverage

Home Insurance and Changing Coverage

Home Insurance Claim or Maintenance?

Home Insurance and Gas and Water Lines

Home Insurance vs. Home Warranties

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