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Home Appliances & Equipment Coverage
Chubb Equipment Breakdown Coverage Options
- Equipment Breakdown coverage can be purchased up to a $500,000 limit and covers breakdown of your permanently-installed home equipment, including heating and cooling systems, appliances, water heaters, swimming pool equipment, well pumps, permanently-installed generators and transfer switches, and permanently-installed home automation and security systems.
- Your protection also extends to home equipment like personal computers, portable humidifiers, small countertop appliances, and more.
What is equipment breakdown coverage?
Your homeowner’s policy wasn’t designed to cover home equipment or appliances that are damaged or stop working. While Equipment Breakdown coverage doesn't cover the normal "wear and tear" of equipment, it is designed to pay for the repair or replacement of damaged home appliances or equipment like an HVAC system, electrical system or kitchen range, without depreciation.
You’re eligible for this coverage if you have a Masterpiece® Homeowners, Condominium, or Co-op policy, or if you have more than one home or want to protect a separate home office building or barn.
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This information is descriptive only. All products may not be available in all provinces and territories. Coverage is subject to the language of the policies as issued.