KIS - Equipment Breakdown Coverage - EBC

Equipment Breakdown Coverage through your Homeowners Insurance Policy.

Whether you are a renter or a high-value homeowner, we have your equipment breakdown exposures covered.

The modern home contains many expensive systems and appliances subject to equipment breakdown. These include -

  • Clothes Washers and Dryers
  • Computer 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, etc)
  • Water Heaters
  • Well Water Pumps

Even items that you typically think of as disposable; such as, garage door openers, exhaust/ceiling fans, DVD players and much more, could benefit from this coverage as a result of an electrical power surge.

If it uses electric power, 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 an electrical, mechanical, or pressure systems breakdown.

In addition to coverage, loss prevention information and loss adjustment services are customized at a fraction of the cost of limiting home warranty products.

Best of all, this additional coverage follows the terms and conditions of your insurance policy.

We have options for a variety of coverage cost & deductibles. Act today to discuss these options and get this very affordable & cost efficient coverage by giving us a Call, 281-293-7744 Toll Free 1-877-260-0808 and tell us, I want to Save with EBC.

And, you can use our Quick Quote form to get started.

Consider typical EBC customer cost -

  • A typical EBC deductible is $500.00
  • Typical EBC additional monthly cost, $2.00

A close lighting strike could result in a surge of electricity that could damage or destroy your central A/C and heating system. Cost to repair or replace could easily total into the thousands & thousands of dollars.

Off-Premises Coverage is now included.

Coverage was previously limited to “Residence Premise” and now we’ve extended coverage for property that is away from the described premises.

Did You Know?

Thirty-eight percent of all equipment breakdown losses are mechanical in nature. Until now, along with electrical breakdown at 46 percent, these losses were typically excluded under your homeowners policy.

 

EQ Breakdown &% of Losses

Electrical - 46

Mechanical - 38

Pressure Systems - 16

Typical Losses

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

During a family vacation, a storm caused a power outage. A laptop computer and cell phone were charging when the outage occurred. When power was restored, a voltage spike damaged the items beyond repair and required their replacement. With the Off-Premises Coverage the homeowner would now be covered!

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

EBC does not cover losses that result from normal wear and tear. Losses must be sudden, direct and accidental.

Multi-Carrier Independent Insurance Agency - With us, you get personal, local access to fully licensed agents that will spend whatever time needs to be spent for you to be comfortable with your insurance product buying decisions as we shop together, multiple highly rated insurance carriers.

Whether you would prefer to stop by our building, by phone or email, we are completely focused on what works best for you.