When it comes to home appliances and systems, an HVAC system is one of the more expensive investments you can make. It is also one of the most essential aspects of a home; it helps keep you comfortable. Given this, it is understandable why so many homeowners are curious about HVAC system insurance. When you purchase HVAC system insurance, you are protecting your investment in case of a major breakdown. However, there are a few different types of HVAC system insurance to be aware of, each with their own benefits. It is always a good idea to understand what specifically the insurance covers and how it can protect your HVAC system.
To learn more about how you can protect your HVAC system or to inquire about any of our heating and air conditioning services, call us at 314-993-1110. At Galmiche & Sons, our HVAC professionals are standing by to help!
Different Types of HVAC System Insurance to Consider
From a consumer standpoint, there are many ways you can protect the investment that is your heating and cooling system. As HVAC systems tend to be quite expensive, it would be foolish to not go the extra mile in protecting your investment. We have put together a list of some different options for HVAC system insurance as well as other ways to help you make sure your system is protected.
Have a look at some of the available options:
- Manufacturer’s Warranty – Most new HVAC systems will come with an included manufacturer warranty that will cover your system in the event of certain malfunctions. While this does not cover everything, it can help save on some repairs. In order for the manufacturer’s warranty to be valid, there are some specific requirements that must be met including having your system installed by a professional and keeping up with regular maintenance, so make sure to follow these steps.
- Home Warranty Option – Many home warranties also offer HVAC insurance. This option generally means you pay a monthly premium as well as a deductible for most repairs. Some warranty plans won’t cover repairs if the component has not been maintained correctly. Be sure to read the specifics of these plans before buying.
- Homeowner’s Insurance – Many homeowner insurance plans will cover your system in the event of major event, such as a fire. Many won’t cover certain types of repairs, but it is possible to add on extra HVAC insurance. This option will help to cover major repairs and can end up saving you a lot of money.
- Maintenance Plans – Most reliable HVAC providers offer maintenance plans that keep your HVAC system in good condition. A monthly or yearly premium is paid, which gets you priority service calls and a discount on parts and labor. This also means your system will be getting the attention it needs, so the likelihood of a catastrophic breakdown is significantly reduced. This option also takes away the stress of trying to plan when to service your system, as your provider will take care of that.
Don’t Ignore Insuring Your HVAC System
While it may seem like just one more added cost, HVAC system insurance can really help you save money. If your system experiences a major breakdown or component failure, the cost can often be very high. Planning ahead with insurance or a maintenance plan means that you won’t have to bear the brunt of repair costs.
To learn more about warranty coverage and how you can protect your HVAC system with a maintenance package, we can help. In St. Louis and the surrounding areas, Galmiche and Sons is here to help you with any of your heating and air conditioning needs. Call us today at 314-993-1110.
