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Personal Equipment Breakdown Insurance

Home system and equipment breakdown insurance for homeowners

Helping clients protect their home systems

HSB Home Systems Protection addresses the latest home equipment breakdown risks today and gives insurers the flexibility to customize their offering for added value.

Personal equipment breakdown solutions from HSB

If you’re a personal lines insurer looking to expand your insurance offering, HSB has the personal equipment breakdown insurance solution you need.

Home Systems Protection

Next to the dwelling structure, a home’s mechanical systems and the sensitive technology that runs them are typically a homeowner’s most valuable property. With unexpected home equipment failures costing thousands of dollars and extended warranties tending to be expensive and restrictive, personal equipment breakdown insurance may be a good option for many homeowners. That’s where HSB Home Systems Protection comes in—providing broad breakdown coverage at an affordable price.

What a loss can cost

Home systems and equipment pose unique risks to homeowners that other property does not, such as electrical short circuits, mechanical forces, overload, and control failures. By examining loss examples, you can gain insight into why equipment breakdown insurance is so important to today’s equipment-intensive homes.

$2,500

Electrical short

When the home’s main electrical control panel suffered a breakdown, the refrigerator lost power, causing the food in it to spoil.

$1,550

Water heater leak

The homeowner noticed that there was no hot water and realized the hot water heater was leaking. They called a repair company, who found a crack in the tank.

$4,800

Air conditioner loss

The home wasn’t cooling as it should, so the homeowner checked the air conditioner and discovered ice on the condensing unit. Upon inspection they found a coil had cracked, causing the unit to lose its refrigerant.

Why trust HSB for personal equipment breakdown insurance

#1

Equipment Breakdown insurer

HSB is the leading provider of equipment breakdown insurance in North America.

150+

Years

HSB was one of the first to offer equipment breakdown (formerly boiler & machinery) insurance.

A++

Rated

HSB is rated Superior by A.M. Best rating, the largest credit rating agency in the world specializing in the insurance industry.

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Protect personal lines policyholders from home systems and equipment failures

These days, homeowners rely on home systems and appliances—and the microelectronics, firmware, and software that run them—more than ever. HSB Home Systems Protection offers protection for both the systems and the microelectronics that power them.

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