{"id":1387,"date":"2023-12-04T11:00:00","date_gmt":"2023-12-04T17:00:00","guid":{"rendered":"https:\/\/www.covenantheatingandcooling.com\/blog\/?p=1387"},"modified":"2023-12-05T07:58:20","modified_gmt":"2023-12-05T13:58:20","slug":"does-homeowners-insurance-cover-electrical-panel-replacement","status":"publish","type":"post","link":"https:\/\/www.covenantheatingandcooling.com\/blog\/electrical\/does-homeowners-insurance-cover-electrical-panel-replacement\/","title":{"rendered":"Does Homeowner’s Insurance Cover Electrical Panel Replacement?"},"content":{"rendered":"
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\"Electricians<\/a><\/figure><\/div>\n\n\n

Your home\u2019s electrical panel probably isn\u2019t the first thing that comes to mind when considering home renovations. Although a new kitchen or bathroom are more exciting home upgrades, upgrading your home\u2019s electrical panel can be a matter of safety. Most electrical panels last 25-40 years and then need to be replaced.<\/p>\n\n\n\n

According to the National Fire Protection Association (NFPA), around 13% of house fires from 2015-2019 resulted from an electrical failure and caused over a billion dollars in property damage each year. Electrical failures and malfunctions also accounted for 12% of injuries and 15% of deaths from house fires during the same period.<\/p>\n\n\n\n

A common question we get from homeowners is whether their homeowner\u2019s insurance will cover an electrical panel upgrade.<\/a> Although you should always check with your specific homeowner’s insurer, let\u2019s go over some general info on whether this service is covered.<\/p>\n\n\n\n\n\n\n\n

Homeowner\u2019s Insurance & Electrical Panel Upgrades<\/h2>\n\n\n\n

In a nutshell, your homeowner\u2019s insurance should cover electrical panel upgrades if it is damaged. Electrical panel upgrades usually aren\u2019t covered if the panel is old and outdated and should be replaced due to age. Your homeowner’s insurance may cover electrical panel replacement depending on your situation and the type of electrical panel. <\/p>\n\n\n\n

Homeowner\u2019s insurance usually covers electrical panel replacement if it is damaged or malfunctions because of a hazard or \u201ccovered peril\u201d listed in your homeowner’s insurance policy. Common risks include fire, windstorms, theft, and vandalism. Homeowner\u2019s insurance doesn\u2019t usually cover the cost of a new electrical panel if an old panel malfunctions due to neglect or age.<\/p>\n\n\n\n

Electrical Panels that Are Non-Insurable<\/h2>\n\n\n\n

Not only is the replacement of the following types of electrical panels not covered by insurance, but if your home has one of these electrical panels, you may be ineligible for homeowners insurance altogether. While this list isn\u2019t exhaustive, there are some of the more commonly known types of electrical panels with faulty manufacturing and design that have been linked to electrical fires and electrocution. <\/p>\n\n\n\n