Interior of a dryer with money flying around. The complexity of today's home systems means repair and replacement costs can run well into the thousands. Insurance advisors should educate their customers on the importance of home systems protection coverage to ensure they are prepared for these unwanted expenses. (Photo: AlexSava/Getty Images)

When a major appliance or home system breaks down, it's more than just an annoyance. Rising supply and labor costs have led to higher repair and replacement costs, an expense for which many homeowners are unprepared. Home systems protection coverage can protect homeowners against these unwanted costs and ensure they continue to benefit from the security, comfort and convenience their home systems provide.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.