1-866-422-2308
January, 18 2013 admin Insurance Options - New York Car Insurance
Before you plop down that first mortgage payment, be sure to protect yourself against the unexpected – a break down in home equipment can seriously impact your day. Let Freeway Insurance New York find the best rates and coverage to insure you today! Our home owner’s equipment breakdown coverage includes mechanical failures, air conditioning, boilers and water heaters, appliances and built-in equipment, as well as personal property and electronics.
Are you prepared for the cost of major retrofits to older furnaces and air conditioning units? These repairs and replacements often run between $5,000 – $8,000 per unit!
Did you know that most homeowners’ policies exclude mechanical and electrical breakdowns? Does your maintenance contract or home warranty cover all the systems, electronics, built in equipment, and appliances in your home?
Equipment Breakdown Insurance from Freeway Insurance New York covers more than just the cost of the repairs and replacement. It protects you from labor, repair, and/or replacement costs for all covered equipment. Our policy covers:
Direct physical damage to covered equipment
Additional living expenses
Spoilage as a result of covered equipment breakdown
Expediting expenses incurred to limit the loss or time spent on restoring equipment
Additional costs to replace with energy efficient equipment
Mechanical breakdown due to overuse and/or failure
Electrical breakdown—faulty circuits, devices, and compressors
Tearing, cracking, burning, or bulging of steam or hot water systems or AC systems
Types of Covered Equipment:
Policy Features:
$40.00 per residence, $1,000.00 fixed deductible
“Covered Equipment” includes:
Coverage A – Dwelling
Coverage B – Other Structures, or
Coverage C – Personal Property subject to the terms and conditions of the coverage endorsement
Tips & Resources:
How do I get Equipment Breakdown insurance?
Becoming insured by one of the experts at Freeway Insurance New York is easy! We sell insurance at our local offices, online at www.freewayinsurance-ny.com and over the phone at 1-800-422-2308.