Electrical Equipment

With the average lifespan of a residential water heater between 10 and 20 years, more than 25% of the water heaters in service are nearing the end of their useful life at any given point in time.

In general, adjusters should be prepared to see next-generation technology included in claims, as well as a likelihood of higher replacement cost in claim settlements.

Before you settle for an unnecessary replacement, there are 6 questions you or your equipment expert should be able to answer to ensure your resolution is accurate.

Policyholders report lightning as a cause of loss more often than other perils. Before deciding on claims with reported lightning damages, adjusters should know the truth behind seven myths related to lightning claims.

Last year, insurance professionals assigned nearly 300 different types of electronics to StrikeCheck. Learn which seven had the highest percentages of non-damaged equipment at the time of assessment or were a potential risk for claims leakage.

Water softeners are often the best option for property owners to combat the effects of hard water, but when they fail to operate as designed, the consequences may spread to other equipment.

Knowing the causes and common indicators of faulty wiring can help insurance professionals and policyholders alike understand why these fires occur.

Some fires occur more often in winter than in any other season, according to the National Fire Protection Association. Learn more about winter electrical fire losses that may appear in claims.

As the weather heats up, customers are using their pools to cool down. Malfunctioning pool and hot tub components could lead to costly claims.

Lightning is one of the most frequently reported causes of loss listed on HVAC and electronics claims – policyholders reported it for almost 20% of HVAC systems and nearly 40% of electronics in claims.