A standard homeowners insurance pays to repair or replace your heating, ventilation and air conditioning (HVAC) unit if the damage occurred from a covered disaster or peril. It won't cover an HVAC system if the unit experiences damage from owner neglect, cosmetic damage, acceptable wear-and-tear or old age. Coverage also depends on whether the unit is portable or built into your home's structure (central air). Covered events may include damage from a power surge, theft, fire, burst pipes, lightning and more as outlined by your policy. Here are some situations when your insurance may or may not cover repairs or replacement if your HVAC system stops working. Show
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 A home insurance claim payout for your HVAC depends on whether the unit is portable or built into your home's structure. Home insurance protects homeowners against sudden problems and unexpected hazards. Here are several situations when your home insurance policy may pay to repair or replace a damaged HVAC unit: Fire and Water DamageIf a fire unexpectedly burns your HVAC system, your home insurance may cover the repair costs. Additionally, your homeowners insurance policy may pay when a burst pipe causes water damages to an HVAC unit. Unfortunately, homeowners insurance doesn't cover water damage resulting from floods. You must purchase a separate flood policy from FEMA's ;National Flood Insurance Program or a private insurer to receive coverage for these repairs. Theft and VandalismA criminal may damage or steal an HVAC system. Vandalism and theft are two perils covered under most homeowners insurance policies, so your home policy may pay to repair or replace your unit following a criminal act. To report the crime, call the police first. You must attach a copy of the police report when filing your home insurance claim. Weather-Related DamageSevere storms are common perils that damage HVAC systems. Your homeowners policy may cover HVAC damages caused by the following weather-related events. Lightning and Fire DamageAccording to the Insurance Information Institute, lightning strikes cost homeowners $2.1 billion in losses in 2020. Your homeowners insurance may repair or replace your HVAC if lightning strikes cause a fire that damages the system's electrical components. Hail Damages to AC UnitsHailstones are solid ice that form inside thunderstorm updrafts. This precipitation can cause significant damage to central air conditioning units.
Get Personalized Home Insurance Quotes HereWhen Doesn't Homeowners Insurance Cover HVAC Systems?Home insurance policies cover damages from sudden and unexpected events. Your homeowners coverage doesn't pay to repair or replace broken HVAC units in these situations:
Here's how home insurance and home warranties cover repairs in different situations:
Additionally, your home insurance may not cover water damages caused by leaking HVAC units. Insurers consider this preventable damage related to maintenance issues. For instance, an HVAC cooling system may produce excessive condensation that causes water damages to a home's structure. Your insurer may refuse coverage because you could have prevented the damage by ensuring your HVAC system or AC unit drained properly. Avoid Unexpected HVAC Repair & Replacement Costs. Get Home Insurance! How Home Insurance Covers Your HVAC RepairsDepending on your home insurance policy, your carrier will pay to repair or replace your malfunctioning HVAC system using one of two methods, replacement cost value or actual cash value. Either way, you will have to pay the deductible first.
Your carrier will pay to repair or replace your HVAC system using one of two methods, replacement cost value or actual cash value. Does Homeowners Insurance Cover HVAC Replacement?Yes, standard homeowners insurance covers repairs for your heating, ventilation or air conditioning (HVAC) when the system is damaged by a covered peril. Two coverages typically pay for HVAC unit damages:dwelling insurance or personal property insurance.
Get Personalized Home Insurance Quotes HereHow To File an HVAC Insurance ClaimIf your HVAC system has malfunctioned because of a covered peril, there are several steps you may take to file a homeowners insurance claim with your insurance company.
Get Affordable Home Insurance to Protect Your HVAC SystemStandard homeowners insurance pays to repair or replace HVAC or AC systems damaged by covered perils named in your policy. The home insurance coverage you receive for your HVAC depends on the type of HVAC system: Dwelling insurance provides coverage for built-in systems; Personal property coverage may cover (or exclude) portable units. If you need better, more affordable home insurance, SmartFinancial can help you find a new policy that meets your needs and budget. Get a free home insurance quote from one of our 200+ insurance partners by entering your zip code below and answering a few questions. Get a Free Home Insurance Quote Online Now.How much is a new AC unit?The national average to install a new AC unit is $5,644, with a typical price range of $3,810 to $7,480. Central AC unit costs are determined by a few primary factors: the amount of ductwork needed, the size of the unit, the SEER rating, and any needed repairs.
How long do AC units last?While every unit is different, and every homeowner has a different understanding of when their central air conditioner is broken beyond repair, it's fair to say that, with proper maintenance and care, you can expect a good 15 to 20 years of cooling from a new high efficiency air conditioning system.
What is a covered peril?What is a covered peril? A covered peril is an event that your insurance will cover. When you file a claim for a covered peril — such as a lightning strike, fire, theft, vandalism, wind, or hail damage — your insurance company will reimburse you for the damage less your homeowners insurance deductible.
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Does home insurance cover air conditioner replacement
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