Is Home Rewiring Covered by Your Homeowners Insurance?

There are many reasons one might need to have their house rewired. Faulty wiring is usually the main cause, though, as it is a leading cause of house fires and similar accidents. If you’re worried about faulty wires in your home, it’s usually best to have them replaced. However, rewiring a whole home is often quite expensive, which is why many people wonder if their homeowners insurance covers it.

In most cases, homeowners insurance will cover electrical rewiring throughout the home. This can vary based on several factors, so it’s best to check your policy thoroughly before signing anything. If your home does need rewiring, it’s best to call a professional electrical contractor in Northern Virginia to handle the project.

More on homeowners insurance and rewiring

Homeowners insurance will cover a litany of electrical problems, with rewiring being just one of them. It’s important to note that older homes with signs of electrical problems will usually result in higher premiums. Once you’ve had your home rewired, however, your insurance premiums could go lower.

There are certain cases in which your insurance might not cover rewiring. Homes with aluminum wiring, for example, may be denied coverage when it comes to rewiring. Rewiring of homes with knob-and-tube wiring, which is common in homes built from the 1800s through the mid-1940s, is often not covered by homeowners insurance policies either.

It’s important to have an inspector check for any issues before buying a home. You should also go over your homeowners insurance policy thoroughly before settling on an insurance company.

Signs that it’s time to have your home rewired

There are plenty of bad electrical wiring signs to watch out for. A constant burning smell could signal the need for rewiring in your home. Flickering lights and constant blown fuses are common signs as well.

If you have an older Northern Virginia home, it’s a good idea to have an electrical contractor inspect your wiring from time to time. This will help prevent accidents as well as constant wear and tear to your electrical system.

Reasons to have your home rewired

The main reason to have your home rewired is safety, but there are other benefits as well. If you plan on putting your home on the market at some point in the near future, for example, rewiring can help increase the sale cost. Even if your homeowner’s insurance won’t pay for electrical rewiring, the process will often help you see a good return on your investment upon selling.

Rewiring can also help save money, as it usually makes your home more energy efficient. You also won’t have to call a repairman out as often to fix broken appliances and blown fuses. Electronics broken due to faulty wiring would no longer be an issue either.

The need for electrical rewiring is most common in older homes, but is sometimes an issue with newer homes as well. If you’re in need of rewiring service, contact Walsh Electric today. We’ll always be there when you need us, as we offer 24/7 emergency service.