Many homeowners in Dade City, FL are unsure whether a standard homeowners policy covers repairs or replacements for appliances if something goes wrong. Here’s what you need to know.
What Does a Standard Homeowners Policy Cover?
A standard homeowners insurance policy in Florida typically includes personal property coverage for your belongings. Appliances like refrigerators, ovens, washers and dryers are generally considered personal property. This means they may be covered if they’re damaged or destroyed by a covered peril, such as fire, theft or certain types of water damage.
However, it’s important to note that homeowners insurance usually does not cover appliances that break down due to normal wear and tear, mechanical failure or age. For instance, if your dishwasher stops working due to a mechanical issue, your policy won’t pay for repairs or replacement.
Common Exclusions and Additional Options
Standard home policies often exclude coverage for:
- Mechanical or electrical breakdowns
- Gradual deterioration or maintenance issues
If you want broader financial protection for your appliances, you may consider a home warranty or equipment breakdown endorsement.
- A home warranty is a service contract (separate from insurance) that may pay to repair or replace major home systems and appliances when they fail due to normal wear and tear.
- An equipment breakdown endorsement is an add-on to your homeowners insurance policy that may cover damage caused by mechanical or electrical failure of home equipment.
Speak to an agent from Gene Smith Insurance Agency to help you determine if these options are suitable for your situation.
We’re Here to Help
Gene Smith Insurance Agency helps Florida homeowners review and understand their policies. Our team can discuss your current coverage, identify any gaps and recommend additional coverage for your appliances and other valuable home systems. Contact us today to get started.