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Some home insurance companies offer endorsements for additional home appliance coverage. Also called equipment breakdown coverage, these endorsements may extend coverage for your AC system to ...
Allstate. American Family. Geico. Mercury. ... In that case, mechanical breakdown coverage could save you a lot of money. However, consider a less expensive repair. Say you need to replace your ...
Coverage C of your home insurance policy provides financial protection for your personal property. Your personal property could be covered on an open-peril basis or a named-peril basis.
Standard property coverages typically exclude perils of mechanical and electrical breakdown. Equipment breakdown coverage was originally designed for business and industry. In recent years, HSB has extended the product concept to the farm owners and homeowners markets.
Key takeaways. The most common type of homeowners insurance policy is the standard HO-3 Special Form policy. HO-5 policies offer the broadest coverage of all policy types.
Allstate's slogan "You're in good hands" was created in the 1950s by Allstate Insurance Company's sales executive, Davis W. Ellis, based on a similar phrase he used to reassure his wife about a doctor caring for their child. It has been the slogan ever since 1950. [7] Allstate also refer to themselves as the "Good Hands People".
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