Electrical wiring is a significant, most used, and least talked about facet of every home. So, whether your home's light and appliances are working correctly or not, you will not be able to spot any troubles until any issues arise. Thus, it remains an out-of-sight and out-of-mind concern for most homeowners.
However, one of the practical ways to save your home and yourself from unwanted losses and damages is by taking a home insurance policy. It aids you in covering the financial loss by offering monetary assistance for repairs and damages caused due to an unprecedented situation.
Your homeowner's insurance policy can cover faulty
wall outlet wiring under the dwelling coverage, including an electrical panel. However, your policy insurers may refuse to cover specific electrical issues associated with defective quality or repair. Moreover, some insurance policy providers may not be willing to offer you a policy if your home’s wiring is prone to known issues, such as knob-and-tube or aluminum wiring.
What is knob and tube wiring?
Most frequently used in the early 20th century, knob and tube wiring is an old technique of electrical wiring. Here, the knob supports the
electrical outlet wiring and the tube insulators, covering the wiring that flows through the studs and joists. Thus, obtaining a homeowner's insurance for knob and tube wiring can be arduous as it is more susceptible to fraying and deterioration due to wear and tear.
The companies willing to cover a knob and tube wiring may charge a higher premium due to the escalated risk it presents. Additionally, they may also check your home's inspection report to analyze the wiring condition before offering coverage.
Does homeowner's insurance cover aluminum wiring of an electrical system?
Like the knob and tube wiring, aluminum wiring poses a risk for homeowners and insurers. While some insurance companies may insure your homes with aluminum wiring, it may come at an increased premium. Aluminum wiring is considered hazardous and less reliable as it tends to age and deteriorate faster. Thus, it is recommended to take the assistance of a reputed
electrical contractor in town to help you inspect, repair, replace, or install new and efficient wiring for your home.
Does homeowners insurance cover electrical panels?
Generally, a homeowner insurance policy may cover damages caused by electrical panels resulting from an unprecedented or accidental situation. However, your insurance may not cover the losses if the damage results from wear and tear or improper maintenance.
Having a professional electrical contractor by your side can serve you great help as they will ensure quality
electrical services at your home, enabling you to become eligible to cover the unprecedented damages.
Does a home warranty cover the electrical system?
Listed below are some typical components of your electrical system that are covered under the policy:
- Electrical panels
- Lighting fixtures
- Ceiling and exhaust fans
- Direct current wiring and junction boxes
- Garage door openers
- Smoke detectors
- Exhaust fans
- Circuit breakers, fuses, and switches
- Electric motors
About us
Looking for a reputed electrical contractor to install or replace your damaged electrical wiring system in the Central Arkansas region? Stewart Electric is here for your assistance! We offer several electrical services, including light fixture installation, maintenance, repair, and other emergency services. We are a licensed electrical company aiming to offer high-end services to comply with client requirements. Contact us at (501) 833-8764 or email at customerservice@stewartelectricar.com for more details.
