What electrical damage is not covered by insurance?

In general, insurance does not cover damage to  garden furniture . It is also common for electrical appliances older than 10 years to be out of coverage  . In the case of heavy-duty appliances, such as electric heating systems, this number of years can be shortened considerably.

Bulbs, lamps and cosmetic damage that may have occurred are also not usually covered, unless these affect the normal operation of the damaged electrical appliance.

“It is rare that home insurance covers possible light bulbs and lamps breakages due to electrical failures.”

What to take into account when hiring insurance?

Electrical damage is covered in home multi-peril policies. Therefore, it is important that we carefully analyze the insurance that we are going to take out before signing it. Only then will we have the assurance that it will protect us against this type of accident.

In addition, it must be taken into account that not all companies contemplate the same assumptions or the same compensation for an electrical damage claim. Consequently, it is recommended that we compare between several to know which of them offers us greater protection and, even, which of their products is more suitable for our case.

In this sense, we must be especially clear about  which electrical appliances are covered by the policy and under what specific conditions . It is worth noting that many insurance companies routinely choose to set a deductible on the amount they should pay. Another possibility is that the coverage for household appliances is established from a certain value, and that those with the cheapest cost remain unprotected.

Finally, there are insurers that set in their home insurance policies the possibility of compensation for electrical damage based on the real value of the appliance. That is, the one you have at the time of the claim, not a new purchase.

In short, we can say that  insurance only covers certain  electrical damages and, in addition, they have different options to set the corresponding compensation.